EUR/CHF – 30M – BUYCorrection of the major bearish trend broke through the Fibonacci 0.79-Level.Continuation of the current ascending trend is considered certain. Target of the current trend is 0.95035 at the Fibonacci level 1-Level. Caution: A possible reversal of the trend in the direction of resistance at 0.95008 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.95174 |
| 2nd High | 0.95035 |
| Next High | 0.95008 |
| Current Price | 0.94899 |
| Next Low | 0.94173 |
| 2nd Low | 0.94015 |
| 3rd Low | 0.93866 |