USD/CHF – 30M – SELLCorrection of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend will persist. Target of the current trend is 0.84284984 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the support level at 0.84735 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.85058 |
| 2nd High | 0.84930 |
| Next High | 0.84735 |
| Current Price | 0.84473 |
| Next Low | 0.84059 |
| 2nd Low | 0.84015 |
| 3rd Low | 0.83905 |