The combination US Dollar/Swiss Franc (USD/CHF) breaks through the bearish trendline upwards
A bullish ascent up to the next resistance at 0.7772 is likely expected.
Caution: A possible reversal of the trend in the direction of the support zone at 0.771 should always be considered.
Consider stop-loss settings accordingly.
Furthermore a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which could be a positive signal. The pair is likely to go up.
Furthermore a ‘StochRSI %K line crosses above %D line’ indicator layout is detected. The indicator is ‘StochRSI %K line crosses above %D line’. which could be a positive signal. The pair is likely to go up.
Furthermore a ‘Resistance Level’ indicator signal is existing. The indicator is ‘Resistance Level’. which is often a bullish chart signal. The currency pair is likely to rise.
Furthermore a ‘Bearish SBS White Lines’ chart pattern is found. The chart shows ‘Bearish SBS White Lines’. which is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bearish SBS White Lines’ going down is 56% (Bull Market) & 57% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.80405 |
| 2nd High | 0.78171 |
| Next High | 0.7772 |
| Current Price | 0.77386 |
| Next Low | 0.771 |
| 2nd Low | 0.76288 |
| 3rd Low | 0.76027 |
0.7772 – 0.77397 – 0.773 – 0.771 – 0.76288 – 0.77419 —
0.77679 – 0.77507 —
57.690208681838 – 48.639230447368 —
– —
0.7772 – 1771603200
Trading Signals: FOREX – USD – USD/CHF – CHF – Bearish SBS White Lines – – – – – – – – –