USD/CHF – 30M – SELLCorrection of the major bullish trend broke through the Fibonacci 0.5-Level.Continuation of the current descending trend is considered certain. Current target is 0.86535526 at the Fibonacci level 0.79-Level. Caution: A possible reversal of the trend in the direction of the support line at 0.86857 could happen.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 0.86857 |
| Current Price | 0.86601 |
| Next Low | 0.86515 |
| 2nd Low | 0.86473 |
| 3rd Low | 0.86448 |