EUR/CHF – 1H – SELLCorrection of the major bullish trend broke through the Fibonacci 0.24-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 0.936985 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the support level at 0.94078 could occur.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.94434 |
| 2nd High | 0.94333 |
| Next High | 0.94078 |
| Current Price | 0.93999 |
| Next Low | 0.93824 |
| 2nd Low | 0.93693 |
| 3rd Low | 0.93064 |