USD/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. Target of the current trend is 0.845405 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the resistance zone at 0.84897 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.85495 |
2nd High | 0.85176 |
Next High | 0.84897 |
Current Price | 0.84449 |
Next Low | 0.83905 |
2nd Low | 0.83740 |
3rd Low |