USD/CHF – 30M – BUYCorrection of the major bearish trend broke through the Fibonacci 0.24-Level.Continuation of the current ascending trend is considered certain. Current target is 0.866755 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of resistance at 0.86641 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.86714 |
| 2nd High | 0.86693 |
| Next High | 0.86641 |
| Current Price | 0.86627 |
| Next Low | 0.86500 |
| 2nd Low | 0.86494 |
| 3rd Low | 0.86473 |