USD/CHF – 1H – BUYThe currency pair US Dollar/Swiss Franc (USD/CHF) breaks through the descending trendline up.
A bullish movement up to the next resistance at 0.78392 will continue.
Caution: A possible counter-trend in the direction of the support line at 0.77918 is within the realm of possibility.
Consider stop-loss settings accordingly.
Besides a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which could be a positive chart signal. The currency pair could go up.
Besides a ‘Resistance Level’ indicator layout is discovered. The indicator shows ‘Resistance Level’. which could be a positive signal. The pair is likely to go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.78454 |
| 2nd High | 0.78399 |
| Next High | 0.78392 |
| Current Price | 0.78349 |
| Next Low | 0.77918 |
| 2nd Low | 0.77826 |
| 3rd Low | 0.77751 |
0.78257 – 0.78392 – 0.78399 – 0.77918 – 0.77826 – 0.77751 —
0.78020 – 0.78304 —
47.337641656921 – 60.455084707616 —
– —
0.78257 – 1776801600
Trading Signals: FOREX – USD – USD/CHF – CHF – – – – – – – – – –