USD/CHF – 30M – SELLCorrection of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is considered certain. Target of the current trend is 0.867135 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of support at 0.86983 should always be considered.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 0.86996 |
| Next High | 0.86983 |
| Current Price | 0.86770 |
| Next Low | 0.86431 |
| 2nd Low | 0.86327 |
| 3rd Low | 0.86296 |