The pair US Dollar/Swiss Franc (USD/CHF) breaks through the bearish trendline up.
An ascending movement upwards to the next resistance level at 0.80009 will persist.
Caution: A possible change in the direction of the support level at 0.79711 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Additionally a ‘StochRSI %K line crosses above %D line’ indicator layout is found. The indicator shows ‘StochRSI %K line crosses above %D line’. which is often a bullish chart scenario. The pair is likely to go up.
Additionally a ‘Resistance Level’ indicator signal is discovered. The indicator shows ‘Resistance Level’. this is usually a bullish signal. The currency pair is likely to rise.
Additionally a ‘Three White Soldiers’ candle pattern is discovered. The candles show ‘Three White Soldiers’. this is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.80423 |
| 2nd High | 0.80179 |
| Next High | 0.80009 |
| Current Price | 0.80010 |
| Next Low | 0.79711 |
| 2nd Low | 0.79609 |
| 3rd Low | 0.79278 |
0.80009 – 0.79876 – 0.80179 – 0.79711 – 0.79609 – 0.7967 —
0.79874 – 0.79987 —
42.107208560989 – 56.405381638957 —
– —
0.80009 – 1775538000
Trading Signals: FOREX – USD – USD/CHF – CHF – Three White Soldiers – Rising Wedge Chart Pattern – – – – – – – –