USD/CHF – 1H – BUYCorrection of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend will continue. Target of the current trend is 0.866525 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the resistance level at 0.86714 could occur.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 0.86857 |
| Next High | 0.86714 |
| Current Price | 0.86597 |
| Next Low | 0.86504 |
| 2nd Low | 0.86473 |
| 3rd Low | 0.86448 |