EUR/CHF – 30M – SELLCorrection of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is certain. Current target is 0.9425572 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of the support line at 0.94642 should always be considered.
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 | 0.94425 |
| Next Low | 0.94015 |
| 2nd Low | 0.93866 |
| 3rd Low | 0.93809 |