USD/CHF – 30M – BUYCorrection of the major bearish trend broke the Fibonacci 0.5-Level.Continuation of the current ascending trend is expected. Target of the current trend is 0.86779318 at the Fibonacci level 0.79-Level. Caution: A possible trend reversal in the direction of the resistance zone at 0.86693 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.86857 |
| 2nd High | 0.86714 |
| Next High | 0.86693 |
| Current Price | 0.86680 |
| Next Low | 0.86500 |
| 2nd Low | 0.86494 |
| 3rd Low | 0.86473 |