USD/CHF – 30M – BUYCorrection of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend will continue. Current target is 0.851625 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the resistance level at 0.85424 is within the realm of possibility.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.85614 |
| 2nd High | 0.85495 |
| Next High | 0.85424 |
| Current Price | 0.85141 |
| Next Low | 0.84901 |
| 2nd Low | 0.84484 |
| 3rd Low | 0.84481 |