EUR/CHF – 30M – BUYCorrection of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is considered certain. Target of the current trend is 0.93795 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the resistance zone at 0.94024 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.94098 |
| 2nd High | 0.94060 |
| Next High | 0.94024 |
| Current Price | 0.93742 |
| Next Low | 0.93544 |
| 2nd Low | 0.93530 |
| 3rd Low | 0.93444 |