The pair US Dollar/Swiss Franc (USD/CHF) breaks through the ascending trendline upwards
A continuation of the upward movement upwards to the next resistance at 0.78433 will persist.
Caution: A possible trend reversal in the direction of support at 0.78258 could be enabled.
Consider stop-loss settings accordingly.
In addition a ‘StochRSI %K line crosses above %D line’ indicator layout is discovered. The indicator is ‘StochRSI %K line crosses above %D line’. this is usually a bullish chart signal. The pair is likely to go up.
In addition a ‘MACD Hidden Bullish Divergence’ indicator layout is discovered. The indicator is ‘MACD Hidden Bullish Divergence’. which could be a positive chart signal. The currency pair is likely to rise.
In addition a ‘MACD-Hist Hidden Bullish Divergence’ indicator layout is discovered. The indicator is ‘MACD-Hist Hidden Bullish Divergence’. this is usually a bullish chart signal. The pair is likely to go up.
In addition a ‘Resistance Level’ indicator layout is existing. The indicator is ‘Resistance Level’. which is often a bullish chart scenario. The currency pair is likely to rise.
In addition a ‘Bearish SBS White Lines’ chart pattern is discovered. The candles show ‘Bearish SBS White Lines’. which is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish SBS White Lines’ going down is 56% (Bull Market) & 57% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.79339 |
| 2nd High | 0.79116 |
| Next High | 0.78433 |
| Current Price | 0.78340 |
| Next Low | 0.78258 |
| 2nd Low | 0.77984 |
| 3rd Low | 0.77982 |
0.78433 – 0.78249 – 0.78312 – 0.78258 – 0.77984 – 0.78062 —
0.78417 – 0.78350 —
55.601884798368 – 48.921440569687 —
– —
0.78433 – 1776344400
Trading Signals: FOREX – USD – USD/CHF – CHF – Bearish SBS White Lines – – – – – – – – –