The currency pair Euro/Swiss Franc (EUR/CHF) jumps from the ascending trendline downwards
A descending movement downwards to the next support at 0.93011 is likely expected.
Caution: A possible counter-trend in the direction of the resistance zone at 0.93245 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
And also a ” indicator signal is detected. The indicator shows ”. which could be a negative chart signal. The currency pair is likely to fall.
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And also a ” indicator signal is detected. The indicator shows ”. which could be a negative chart signal. The currency pair is likely to fall.
And also a ‘Northern Doji’ chart pattern is discovered. The candles show ‘Northern Doji’. this is a bullish pattern signal. The currency pair is likely to rise. 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 | 0.93259 |
| 2nd High | 0.93253 |
| Next High | 0.93245 |
| Current Price | 0.93396 |
| Next Low | 0.93011 |
| 2nd Low | 0.92989 |
| 3rd Low | 0.92753 |
0.93245 – 0.92966 – 0.93048 – 0.93011 – 0.92989 – 0.92753 —
0.93456 – 0.93472 —
76.964850794234 – 69.873938793376 —
– —
0.93245 – 1763978400
Trading Signals: FOREX – EUR – EUR/CHF – CHF – Northern Doji – – – – – – – – –