The pair Euro/Swiss Franc (EUR/CHF) moves from the ascending trendline upwards
A continuation of the uptrend upwards to the next resistance level at 0.93492 is expected.
Caution: A possible change in the direction of the support level at 0.92957 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
In addition a ‘Northern Doji’ candle pattern is discovered. The candles show ‘Northern Doji’. which is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.9363 |
| 2nd High | 0.93558 |
| Next High | 0.93492 |
| Current Price | 0.93122 |
| Next Low | 0.92957 |
| 2nd Low | 0.92932 |
| 3rd Low | 0.92912 |
0.93492 – 0.93285 – 0.93063 – 0.92957 – 0.92987 – 0.92971 —
0.93343 – 0.93135 —
45.304991846985 – 30.621195560902 —
– —
0.93492 – 1768388400
Trading Signals: FOREX – EUR – EUR/CHF – CHF – Northern Doji – – – – – – – – –