The combination Euro/Swiss Franc (EUR/CHF) breaks through the ascending trendline upwards
A continuation of the uptrend upwards to the next resistance line at 0.93386 will persist.
Caution: A possible change in the direction of support at 0.93011 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Then a ‘%K crosses above %D’ indicator layout is existing. The indicator is ‘%K crosses above %D’. which could be a positive chart signal. The pair is likely to go up.
Then a ‘Northern Doji’ chart pattern is detected. The candles show ‘Northern Doji’. which 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 probability of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.93574 |
| 2nd High | 0.93471 |
| Next High | 0.93386 |
| Current Price | 0.93444 |
| Next Low | 0.93011 |
| 2nd Low | 0.92989 |
| 3rd Low | 0.92753 |
0.93245 – 0.92966 – 0.93048 – 0.93011 – 0.92989 – 0.92753 —
0.93414 – 0.93402 —
66.614572478582 – 55.354000283558 —
– —
0.93245 – 1763978400
Trading Signals: FOREX – EUR – EUR/CHF – CHF – Northern Doji – – – – – – – – –