EUR/CHF – 30M – BUYCorrection of the major bearish trend broke through the Fibonacci 0.79-Level.Continuation of the current ascending trend is certain. Current target is 0.9421 at the Fibonacci level 1-Level. Caution: A possible trend reversal in the direction of the resistance level at 0.94157 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.94177 |
| 2nd High | 0.94167 |
| Next High | 0.94157 |
| Current Price | 0.94123 |
| Next Low | 0.93891 |
| 2nd Low | 0.93646 |
| 3rd Low | 0.93416 |