The pair US Dollar/Swiss Franc (USD/CHF) breaks through the descending trendline upwards
A bullish movement upwards to the next resistance line at 0.76937 is certain.
Caution: A possible trend reversal in the direction of the support level at should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
There is also a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is found. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish chart scenario. The pair is likely to go up.
There is also a ‘StochRSI %K line crosses above %D line’ indicator layout is found. The indicator is ‘StochRSI %K line crosses above %D line’. which is often a bullish chart scenario. The pair is likely to go up.
There is also a ‘Three White Soldiers’ candlestick pattern is found. The candles show ‘Three White Soldiers’. which is a positive signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.77934 |
| 2nd High | 0.77837 |
| Next High | 0.76937 |
| Current Price | 0.76840 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.76937 – 0.77837 – 0.77934 – 0.76283 – 0.76027 – 0.77525 —
0.76806 – 0.76736 —
59.198521340444 – 51.098914416982 —
– —
0.76937 – 1769596200
Trading Signals: FOREX – USD – USD/CHF – CHF – Three White Soldiers – Double top chart pattern – – – – – – – –