EUR/CHF – 1H – BUYThe currency pair goes from the bullish trendline up.
A continuation of the bullish trend up to the next resistance level at 0.94272 is considered certain.
Caution: A possible trend reversal in the direction of support at 0.93811 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is considered certain. Target of the current trend is 0.94076592 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the resistance zone at 0.94272 could happen.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.94502 |
| 2nd High | 0.94378 |
| Next High | 0.94272 |
| Current Price | 0.93900 |
| Next Low | 0.93811 |
| 2nd Low | 0.93668 |
| 3rd Low | 0.93444 |