USD/CHF – 1H – SELLCorrection of the major bullish trend broke the Fibonacci 0-Level.Continuation of the current descending trend is considered certain. Current target is 0.86198712 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of the support line at 0.86365 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 0.86413 |
| Next High | 0.86365 |
| Current Price | 0.86322 |
| Next Low | 0.86139 |
| 2nd Low | 0.86064 |
| 3rd Low | 0.85505 |