USD/CHF – 30M – BUY
The combination moves from the ascending trendline down.
A bearish movement downwards to the next support at 0.85650 will persist.
Caution: A possible change in the direction of resistance at 0.86099 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend will persist. Current target is 0.86099 at the Fibonacci level 0-Level. Caution: A possible change in the direction of resistance at 0.86099 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.86771 |
2nd High | 0.86633 |
Next High | 0.86099 |
Current Price | 0.85997 |
Next Low | 0.85650 |
2nd Low | 0.85605 |
3rd Low | 0.85299 |