USD/CHF – 1H – BUYThe pair jumps from the ascending trendline upwards
A continuation of the upward movement upwards to the next resistance line at 0.84768 is expected.
Caution: A possible change in the direction of support at 0.84295 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bullish trend halted around the Fibonacci 1-Level.Continuation of the current ascending trend is expected. Current target is 0.84489706 at the Fibonacci level 0.79-Level. Caution: A possible change in the direction of the resistance zone at 0.84768 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.85495 |
| 2nd High | 0.84940 |
| Next High | 0.84768 |
| Current Price | 0.84678 |
| Next Low | 0.84295 |
| 2nd Low | 0.84216 |
| 3rd Low | 0.83740 |