USD/CHF – 30M – BUY
Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is likely expected. Target of the current trend is 0.85193156 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of the resistance level at 0.85006 should be noted.
Consider stop-loss settings accordingly.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.85614 |
2nd High | 0.85495 |
Next High | 0.85006 |
Current Price | 0.84901 |
Next Low | 0.84436 |
2nd Low | 0.84216 |
3rd Low | 0.83740 |