EUR/CHF – 1H – BUY
Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is likely expected. Current target is 0.93858 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of resistance at 0.94098 could happen.
Consider stop-loss settings accordingly.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.94272 |
2nd High | 0.94123 |
Next High | 0.94098 |
Current Price | 0.93775 |
Next Low | 0.93668 |
2nd Low | 0.93444 |
3rd Low | 0.93416 |