USD/CHF – 30M – 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 0.84653 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of resistance at 0.84930 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.85159 |
2nd High | 0.85058 |
Next High | 0.84930 |
Current Price | 0.84427 |
Next Low | 0.84147 |
2nd Low | 0.83905 |
3rd Low | 0.83740 |