The combination Euro/Swiss Franc (EUR/CHF) breaks through the bearish trendline upwards
A bullish ascent up to the next resistance level at 0.91448 will continue.
Caution: A possible change in the direction of the support zone at 0.9107 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘StochRSI %K line crosses above %D line’ indicator signal is detected. The indicator shows ‘StochRSI %K line crosses above %D line’. this is usually a bullish chart scenario. The pair is likely to go up.
Furthermore a ‘Bullish Belt Hold’ candlestick pattern is found. The candles show ‘Bullish Belt Hold’. which 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 chance of ‘Bullish Belt Hold’ heading up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.91609 |
| 2nd High | 0.91608 |
| Next High | 0.91448 |
| Current Price | 0.91184 |
| Next Low | 0.9107 |
| 2nd Low | 0.91066 |
| 3rd Low | 0.90984 |
0.91448 – 0.91608 – 0.91609 – 0.9107 – 0.91128 – 0.91066 —
0.91196 – 0.91156 —
49.34914413441 – 45.452973253349 —
– —
0.91448 – 1770975000
Trading Signals: FOREX – EUR – EUR/CHF – CHF – Bullish Belt Hold – – – – – – – – –