EUR/CHF – 30M – BUYCorrection of the major bearish trend broke through the Fibonacci 0.24-Level.Continuation of the current ascending trend is likely expected. Current target is 0.93369 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the resistance level at 0.93653 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.93933 |
| 2nd High | 0.93697 |
| Next High | 0.93653 |
| Current Price | 0.93211 |
| Next Low | 0.93046 |
| 2nd Low | 0.93041 |
| 3rd Low |