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 0.86147 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the support level at 0.87109 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 0.87109 |
| Current Price | 0.86208 |
| Next Low | 0.86147 |
| 2nd Low | 0.86139 |
| 3rd Low | 0.86064 |