USD/CHF – 1H – SELLCorrection of the major bullish trend broke the Fibonacci 0.24-Level.Continuation of the current descending trend is certain. Target of the current trend is 0.85959 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of support at 0.86365 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.87483 |
| 2nd High | 0.86413 |
| Next High | 0.86365 |
| Current Price | 0.86176 |
| Next Low | 0.86064 |
| 2nd Low | 0.85505 |
| 3rd Low | 0.85299 |