USD/CHF – 30M – SELLCorrection of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is certain. Target of the current trend is 0.856005 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the support level at 0.85823 is within the realm of possibility.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.85902 |
| 2nd High | 0.85838 |
| Next High | 0.85823 |
| Current Price | 0.85682 |
| Next Low | 0.85605 |
| 2nd Low | 0.85299 |
| 3rd Low | 0.84997 |