USD/CHF – 30M – BUYCorrection of the major bearish trend broke through the Fibonacci 0.79-Level.Continuation of the current ascending trend is certain. Target of the current trend is 0.85176 at the Fibonacci level 1-Level. Caution: A possible trend reversal in the direction of the resistance level at 0.85176 could be enabled.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.85614 |
| 2nd High | 0.85495 |
| Next High | 0.85176 |
| Current Price | 0.84980 |
| Next Low | 0.84147 |
| 2nd Low | 0.83905 |
| 3rd Low | 0.83740 |