EUR/CHF – 30M – BUYCorrection of the major bearish trend broke the Fibonacci 0-Level.Continuation of the current ascending trend is likely expected. Target of the current trend is 0.94316076 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the resistance zone at 0.94642 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.95035 |
| 2nd High | 0.95008 |
| Next High | 0.94642 |
| Current Price | 0.94158 |
| Next Low | 0.94094 |
| 2nd Low | 0.93866 |
| 3rd Low | 0.93809 |