USD/CHF – 30M – SELL
Correction of the major bullish trend broke the Fibonacci 0.24-Level.Continuation of the current descending trend is expected. Current target is 0.84954 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the support level at 0.85424 could be enabled.
Consider stop-loss settings accordingly.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.85614 |
2nd High | 0.85495 |
Next High | 0.85424 |
Current Price | 0.85179 |
Next Low | 0.84901 |
2nd Low | 0.84484 |
3rd Low | 0.84481 |