EUR/CHF – 30M – SELLCorrection of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is expected. Target of the current trend is 0.94011316 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of the support level at 0.94502 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.94799 |
| 2nd High | 0.94787 |
| Next High | 0.94502 |
| Current Price | 0.94209 |
| Next Low | 0.93768 |
| 2nd Low | 0.93693 |
| 3rd Low | 0.93279 |