The combination US Dollar/Swiss Franc (USD/CHF) moves from the ascending trendline upwards
A continuation of the uptrend upwards to the next resistance level at 0.77869 will continue.
Caution: A possible counter-trend in the direction of the support line at is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Moreover a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which could be a positive chart scenario. The currency pair could go up.
Moreover a ‘RSI Bullish Divergence’ indicator layout is existing. The indicator is ‘RSI Bullish Divergence’. which could be a positive chart scenario. The currency pair could go up.
Moreover a ‘Northern Doji’ candlestick pattern is discovered. The chart shows ‘Northern Doji’. this is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.79142 |
| 2nd High | 0.78171 |
| Next High | 0.77869 |
| Current Price | 0.77722 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.77869 – 0.78171 – 0.76999 – 0.77455 – 0.77383 – 0.76625 —
0.77827 – 0.77680 —
57.11153389348 – 48.114652426363 —
– —
0.77869 – 1770278400
Trading Signals: FOREX – USD – USD/CHF – CHF – Northern Doji – – – – – – – – –