EUR/CHF – 1H – SELL
Correction of the major bullish trend broke through the Fibonacci 0.24-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 0.936985 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the support level at 0.94078 could occur.
Consider stop-loss settings accordingly.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.94434 |
2nd High | 0.94333 |
Next High | 0.94078 |
Current Price | 0.93999 |
Next Low | 0.93824 |
2nd Low | 0.93693 |
3rd Low | 0.93064 |