USD/CHF – 30M – BUYThe currency pair US Dollar/Swiss Franc (USD/CHF) breaks through the ascending trendline upwards
A continuation of the upward movement up to the next resistance level at 0.90272 is likely expected.
Caution: A possible change in the direction of support at 0.90022 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is likely expected. Target of the current trend is 0.90272 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the resistance line at 0.90272 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 0.90272 |
| Current Price | 0.90212 |
| Next Low | 0.90022 |
| 2nd Low | 0.89843 |
| 3rd Low | 0.89771 |