USD/CHF – 1H – BUYCorrection of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is likely expected. Target of the current trend is 0.86694 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the resistance level at 0.86694 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 0.86694 |
| Current Price | 0.86536 |
| Next Low | 0.86139 |
| 2nd Low | 0.86064 |
| 3rd Low | 0.85505 |