USD/CHF – 1H – SELLCorrection of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is likely expected. Current target is 0.866135 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the support level at 0.86983 should always be considered.
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 | 0.86757 |
| Next Low | 0.86231 |
| 2nd Low | 0.86139 |
| 3rd Low | 0.86064 |