USD/CHF – 30M – SELLCorrection of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend will persist. Target of the current trend is 0.86579668 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the support zone at 0.86641 is within the realm of possibility.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.86714 |
| 2nd High | 0.86693 |
| Next High | 0.86641 |
| Current Price | 0.86551 |
| Next Low | 0.86500 |
| 2nd Low | 0.86494 |
| 3rd Low | 0.86473 |