The pair Euro/Swiss Franc (EUR/CHF) moves from the bearish trendline upwards
The bullish trend upwards to the next resistance level at 0.91347 will persist.
Caution: A possible change in the direction of the support line at 0.90605 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
There is also a ‘Bullish Tri-Star’ chart pattern is existing. The chart shows ‘Bullish Tri-Star’. which is a positive pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bullish Tri-Star’ heading up is 60% (Bull Market) & 55% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.91506 |
| 2nd High | 0.91365 |
| Next High | 0.91347 |
| Current Price | 0.90333 |
| Next Low | 0.90605 |
| 2nd Low | |
| 3rd Low |
0.91347 – 0.91365 – 0.91506 – 0.90605 – 0.91214 – 0.91179 —
0.90855 – 0.90899 —
33.703435544571 – 47.555515203799 —
– —
0.91347 – 1772184600
Trading Signals: FOREX – EUR – EUR/CHF – CHF – Bullish Tri-Star – – – – – – – – –