EUR/CHF – 30M – BUYIn addition a ‘Support Level’ indicator layout is found. The indicator shows ‘Support Level’. which is often a bullish chart scenario. The currency pair is likely to rise.
Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is considered certain. Current target is 0.93698776 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of resistance at 0.93799 is also possible.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.93836 |
| 2nd High | 0.93813 |
| Next High | 0.93799 |
| Current Price | 0.93759 |
| Next Low | 0.93363 |
| 2nd Low | 0.93329 |
| 3rd Low | 0.93256 |
0.93493 – 0.93799 – 0.93754 – 0.93363 – 0.93614 – 0.93608
Trading Signals: FOREX – EUR – EUR/CHF – CHF – Northern Doji