USD/CHF – 1H – SELLCorrection of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is certain. Current target is 0.86431 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the support line at 0.86983 could happen.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 0.86996 |
| Next High | 0.86983 |
| Current Price | 0.86502 |
| Next Low | 0.86431 |
| 2nd Low | 0.86327 |
| 3rd Low | 0.86296 |