The currency pair Euro/Swiss Franc (EUR/CHF) breaks through the descending trendline upwards
A bullish movement upwards to the next resistance at 0.91394 will persist.
Caution: A possible change in the direction of the support zone at 0.90984 is also possible.
Consider stop-loss settings accordingly.
Moreover a ‘Support Level’ indicator signal is existing. The indicator is ‘Support Level’. which could be a positive chart signal. The pair is likely to go up.
Moreover a ‘Three White Soldiers’ candlestick chart pattern is discovered. The chart shows ‘Three White Soldiers’. which is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.91808 |
| 2nd High | 0.91789 |
| Next High | 0.91394 |
| Current Price | 0.91306 |
| Next Low | 0.90984 |
| 2nd Low | 0.90944 |
| 3rd Low |
0.91394 – 0.91379 – 0.91789 – 0.90984 – 0.90944 – 0.91232 —
0.91294 – 0.91280 —
40.87421273867 – 45.724280230168 —
– —
0.91394 – 1770757200
Trading Signals: FOREX – EUR – EUR/CHF – CHF – Three White Soldiers – – – – – – – – –