The combination US Dollar/Swiss Franc (USD/CHF) breaks through the bearish trendline upwards
An ascending movement upwards to the next resistance line at 0.80145 will persist.
Caution: A possible counter-trend in the direction of the support line at 0.79914 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
There is also a ‘StochRSI Bullish Divergence’ indicator signal is existing. The indicator is ‘StochRSI Bullish Divergence’. signal.
There is also a ‘MACD-Hist Hidden Bullish Divergence’ indicator signal is existing. The indicator is ‘MACD-Hist Hidden Bullish Divergence’. signal.
There is also a ‘Northern Doji’ candle chart pattern is discovered. The chart shows ‘Northern Doji’. this is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.80528 |
| 2nd High | 0.80267 |
| Next High | 0.80145 |
| Current Price | 0.80041 |
| Next Low | 0.79914 |
| 2nd Low | 0.79852 |
| 3rd Low | 0.79376 |
0.80145 – 0.80118 – 0.80267 – 0.79914 – 0.80392 – 0.79959 —
0.80039 – 0.80000 —
46.371576385337 – 43.612578161667 —
– —
0.80145 – 1764837000
Trading Signals: FOREX – USD – USD/CHF – CHF – Northern Doji – – – – – – – – –