USD/CHF – 1H – SELLCorrection of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 0.77063724 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the support line at 0.77657 is also possible.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.7772 |
| 2nd High | 0.77679 |
| Next High | 0.77657 |
| Current Price | 0.77218 |
| Next Low | 0.771 |
| 2nd Low | 0.76938 |
| 3rd Low | 0.76932 |
0.77657 – 0.77679 – 0.7772 – 0.771 – 0.76938 – 0.76932 —
0.77383 – 0.77333 —
46.454230043749 – 42.053381952795 —
– —
0.77657 – 1771916400
Trading Signals: FOREX – USD – USD/CHF – CHF – – – – – – – – – –