EUR/CHF – 1H – BUYCorrection of the major bearish trend broke the Fibonacci 0-Level.Continuation of the current ascending trend is expected. Target of the current trend is 0.9356702 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of the resistance line at 0.93731 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.94060 |
| 2nd High | 0.93760 |
| Next High | 0.93731 |
| Current Price | 0.93428 |
| Next Low | 0.93403 |
| 2nd Low | 0.93330 |
| 3rd Low | 0.93064 |