The pair Euro/Swiss Franc (EUR/CHF) moves from the descending trendline upwards
A bullish ascent up to the next resistance at 0.93072 is considered certain.
Caution: A possible change in the direction of the support level at 0.91884 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
There is also a ‘StochRSI Bullish Divergence’ indicator layout is existing. The indicator is ‘StochRSI Bullish Divergence’. chart signal.
There is also a ‘Three Outside Up’ candle pattern is found. The chart forms ‘Three Outside Up’. this 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 ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.9367 |
| 2nd High | 0.93492 |
| Next High | 0.93072 |
| Current Price | 0.91858 |
| Next Low | 0.91884 |
| 2nd Low | 0.91789 |
| 3rd Low |
0.93072 – 0.93492 – 0.93257 – 0.91884 – 0.92536 – 0.92957 —
0.92228 – 0.91889 —
31.788122336864 – 22.494221244298 —
– —
0.93072 – 1769025600
Trading Signals: FOREX – EUR – EUR/CHF – CHF – Three Outside Up – – – – – – – – –