USD/CHF – 30M – SELLCorrection of the major bullish trend broke through the Fibonacci 0.5-Level.Continuation of the current descending trend is considered certain. Target of the current trend is 0.86418892 at the Fibonacci level 0.79-Level. Caution: A possible counter-trend in the direction of support at 0.87109 is also possible.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 0.87109 |
| Current Price | 0.86534 |
| Next Low | 0.86387 |
| 2nd Low | 0.86231 |
| 3rd Low | 0.86139 |