EUR/CHF – 30M – BUYThe currency pair jumps from the ascending trendline upwards
A continuation of the upward movement up to the next resistance at 0.94073 is likely expected.
Caution: A possible change in the direction of support at 0.93824 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bearish trend broke through the Fibonacci 0.5-Level.Continuation of the current ascending trend is likely expected. Target of the current trend is 0.9419604 at the Fibonacci level 0.79-Level. Caution: A possible change in the direction of the resistance line at 0.94073 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.94333 |
| 2nd High | 0.94078 |
| Next High | 0.94073 |
| Current Price | 0.94052 |
| Next Low | 0.93824 |
| 2nd Low | 0.93693 |
| 3rd Low | 0.93279 |