The combination US Dollar/Swiss Franc (USD/CHF) breaks through the bearish trendline upwards
A bullish movement up to the next resistance at 0.77919 is likely expected.
Caution: A possible counter-trend in the direction of the support zone at 0.77478 could occur.
Consider stop-loss settings accordingly.
Next a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish chart signal. The currency pair is likely to rise.
Next a ‘MACD crosses above signal’ indicator layout is existing. The indicator is ‘MACD crosses above signal’. this is usually a bullish chart signal. The currency pair is likely to rise.
Next a ‘Support Level’ indicator signal is found. The indicator is ‘Support Level’. this is usually a bullish chart scenario. The currency pair could go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.78253 |
| 2nd High | 0.78073 |
| Next High | 0.77919 |
| Current Price | 0.77845 |
| Next Low | 0.77478 |
| 2nd Low | 0.76707 |
| 3rd Low | 0.76693 |
0.77919 – 0.77828 – 0.78073 – 0.77478 – 0.77655 – 0.77792 —
0.77750 – 0.77813 —
45.097905402934 – 54.513767533091 —
– —
0.77919 – 1773181800
Trading Signals: FOREX – USD – USD/CHF – CHF – – – – – – – – – –