The pair US Dollar/Swiss Franc (USD/CHF) breaks through the descending trendline up.
A bullish movement upwards to the next resistance at 0.90214 is considered certain.
Caution: A possible change in the direction of the support level at 0.89126 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bearish trend broke the Fibonacci 0.79-Level.Continuation of the current ascending trend is considered certain. Target of the current trend is 0.90214 at the Fibonacci level 1-Level. Caution: A possible change in the direction of resistance at 0.90214 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Support & Resistance | Price Range* |
---|---|
3rd High | |
2nd High | |
Next High | 0.90214 |
Current Price | 0.90077 |
Next Low | 0.89126 |
2nd Low | 0.88984 |
3rd Low | 0.88161 |