EUR/CHF – 30M – SELL
Correction of the major bullish trend broke the Fibonacci 0.24-Level.Continuation of the current descending trend will persist. Current target is 0.93776 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the support zone at 0.94124 could happen.
Consider stop-loss settings accordingly.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.94331 |
2nd High | 0.94222 |
Next High | 0.94124 |
Current Price | 0.93996 |
Next Low | 0.93759 |
2nd Low | 0.93675 |
3rd Low | 0.93416 |