USD/CHF – 30M – SELLCorrection of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend will continue. Current target is 0.86509 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the support line at 0.86635 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.86694 |
| 2nd High | 0.86691 |
| Next High | 0.86635 |
| Current Price | 0.86533 |
| Next Low | 0.86448 |
| 2nd Low | 0.86327 |
| 3rd Low | 0.86296 |