USD/CHF – 30M – BUYCorrection of the major bearish trend broke the Fibonacci 0.5-Level.Continuation of the current ascending trend is expected. Target of the current trend is 0.86003324 at the Fibonacci level 0.79-Level. Caution: A possible trend reversal in the direction of resistance at 0.86139 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.86771 |
| 2nd High | 0.86633 |
| Next High | 0.86139 |
| Current Price | 0.85980 |
| Next Low | 0.85505 |
| 2nd Low | 0.85299 |
| 3rd Low | 0.84997 |