USD/CHF – 1H – BUYCorrection of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is certain. Current target is 0.88573 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the resistance level at 0.88997 should be noted.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 0.89175 |
| Next High | 0.88997 |
| Current Price | 0.88343 |
| Next Low | 0.88202 |
| 2nd Low | 0.87971 |
| 3rd Low | 0.87008 |