EUR/CHF – 1H – BUYThe combination moves from the bullish trendline up.
A continuation of the upward movement upwards to the next resistance at 0.94272 will persist.
Caution: A possible reversal of the trend in the direction of support at 0.93811 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend will persist. Current target is 0.94076592 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of resistance at 0.94272 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.94502 |
| 2nd High | 0.94378 |
| Next High | 0.94272 |
| Current Price | 0.93875 |
| Next Low | 0.93811 |
| 2nd Low | 0.93668 |
| 3rd Low | 0.93444 |