The currency pair Euro/Swiss Franc (EUR/CHF) breaks through the descending trendline upwards
A bullish trend up to the next resistance level at 0.91678 is likely expected.
Caution: A possible trend reversal in the direction of the support level at 0.91431 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
There is also a ‘Support Level’ indicator signal is discovered. The indicator shows ‘Support Level’. this is usually a bullish signal. The currency pair is likely to rise.
There is also a ‘Three Outside Up’ candle chart pattern is existing. The candles show ‘Three Outside Up’. which is a positive signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.92375 |
| 2nd High | 0.91775 |
| Next High | 0.91678 |
| Current Price | 0.91631 |
| Next Low | 0.91431 |
| 2nd Low | 0.91429 |
| 3rd Low | 0.91168 |
0.91678 – 0.91775 – 0.92375 – 0.91431 – 0.91555 – 0.91594 —
0.91601 – 0.91596 —
45.336384566072 – 45.08355816904 —
– —
0.91678 – 1777856400
Trading Signals: FOREX – EUR – EUR/CHF – CHF – Three Outside Up – – – – – – – – –