USD/CHF – 1H – BUYCorrection of the major bearish trend broke through the Fibonacci 0.24-Level.Continuation of the current ascending trend will persist. Current target is 0.845955 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the resistance level at 0.84930 is also possible.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.85176 |
| 2nd High | 0.85159 |
| Next High | 0.84930 |
| Current Price | 0.84396 |
| Next Low | 0.84015 |
| 2nd Low | 0.83905 |
| 3rd Low | 0.83740 |