The combination Euro/Swiss Franc (EUR/CHF) breaks through the bearish trendline up.
The bullish trend upwards to the next resistance at 0.92306 is certain.
Caution: A possible change in the direction of the support line at 0.92135 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
There is also a ‘Support Level’ indicator signal is detected. The indicator is ‘Support Level’. which could be a positive chart scenario. The currency pair could go up.
There is also a ‘Northern Doji’ candlestick pattern is discovered. The chart forms ‘Northern Doji’. this is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.93108 |
| 2nd High | 0.92578 |
| Next High | 0.92306 |
| Current Price | 0.92186 |
| Next Low | 0.92135 |
| 2nd Low | 0.91789 |
| 3rd Low |
0.92306 – 0.92299 – 0.92301 – 0.92209 – 0.92135 – 0.91789 —
0.92203 – 0.92174 —
30.097039083756 – 43.070864287071 —
– —
0.92306 – 1763418600
Trading Signals: FOREX – EUR – EUR/CHF – CHF – Northern Doji – – – – –