The combination Euro/Swiss Franc (EUR/CHF) jumps from the bullish trendline downwards
The bearish trend down to the next support line at 0.92068 is certain.
Caution: A possible reversal of the trend in the direction of the resistance level at 0.92306 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is discovered. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which could be a negative signal. The pair is likely to go down.
Additionally a ‘Resistance Level’ indicator signal is existing. The indicator shows ‘Resistance Level’. which could be a negative chart scenario. The currency pair could go down.
Additionally a ‘Northern Doji’ chart pattern is detected. The chart shows ‘Northern Doji’. which is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘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 | 0.92296 |
| Next Low | 0.92068 |
| 2nd Low | 0.91789 |
| 3rd Low |
0.92306 – 0.92299 – 0.92301 – 0.92068 – 0.92209 – 0.92135 —
0.92205 – 0.92316 —
48.881854194922 – 58.384949654054 —
– —
0.92306 – 1763418600
Trading Signals: FOREX – EUR – EUR/CHF – CHF – Northern Doji – – – – –