The currency pair US Dollar/Swiss Franc (USD/CHF) goes from the ascending trendline upwards
A continuation of the upward movement up to the next resistance level at 0.78733 is certain.
Caution: A possible reversal of the trend in the direction of support at 0.78316 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
There is also a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive chart scenario. The pair is likely to go up.
There is also a ‘StochRSI %K line crosses above %D line’ indicator layout is existing. The indicator shows ‘StochRSI %K line crosses above %D line’. which could be a positive chart scenario. The pair is likely to go up.
There is also a ‘Resistance Level’ indicator signal is existing. The indicator shows ‘Resistance Level’. which is often a bullish signal. The pair is likely to go up.
There is also a ‘Three Outside Up’ chart pattern is detected. The chart shows ‘Three Outside Up’. which is a positive chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.80108 |
| 2nd High | 0.79339 |
| Next High | 0.78733 |
| Current Price | 0.78672 |
| Next Low | 0.78316 |
| 2nd Low | 0.77918 |
| 3rd Low | 0.77826 |
0.78733 – 0.78585 – 0.78257 – 0.78316 – 0.77918 – 0.77826 —
0.78725 – 0.78635 —
63.197444926426 – 46.234104047394 —
– —
0.78733 – 1776974400
Trading Signals: FOREX – USD – USD/CHF – CHF – Three Outside Up – – – – – – – – –