USD/CHF – 30M – SELLCorrection of the major bullish trend broke the Fibonacci 0.24-Level.Continuation of the current descending trend is expected. Current target is 0.84954 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the support level at 0.85424 could be enabled.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.85614 |
| 2nd High | 0.85495 |
| Next High | 0.85424 |
| Current Price | 0.85179 |
| Next Low | 0.84901 |
| 2nd Low | 0.84484 |
| 3rd Low | 0.84481 |