USD/CHF – 1H – SELL
Correction of the major bullish trend broke through the Fibonacci 0.24-Level.Continuation of the current descending trend will continue. Target of the current trend is 0.85959 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of support at 0.86413 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.87769 |
2nd High | 0.87483 |
Next High | 0.86413 |
Current Price | 0.86159 |
Next Low | 0.85505 |
2nd Low | 0.85299 |
3rd Low | 0.84997 |