Buy EUR/CHF – 30M – BUY

The pair Euro/Swiss Franc (EUR/CHF) jumps from the descending trendline up.

A bullish movement up to the next resistance line at 0.93455 will continue.

Caution: A possible change in the direction of support at 0.93059 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

There is also a ‘Northern Doji’ candlestick pattern is found. The candles show ‘Northern Doji’. which is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

Support & Resistance Price Range*
3rd High 0.93730
2nd High 0.93566
Next High 0.93455
Current Price 0.93353
Next Low 0.93059
2nd Low 0.92926
3rd Low 0.92750

0.93455 – 0.93566 – 0.93730 – 0.93059 – 0.93349 – 0.93412

Trading Signals:

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