USD/CHF – 1H – SELL

The combination US Dollar/Swiss Franc (USD/CHF) moves from the descending trendline downwards

A continuation of the downtrend down to the next support level at 0.77788 is certain.

Caution: A possible counter-trend in the direction of the resistance level at 0.78474 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Moreover a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is found. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which could be a negative signal. The currency pair is likely to fall.

Moreover a ‘Support Level’ indicator layout is existing. The indicator shows ‘Support Level’. this is usually a bearish signal. The pair is likely to go down.

Moreover a ‘Southern Doji’ candlestick chart pattern is detected. The chart shows ‘Southern Doji’. this is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Southern Doji’ heading up is 51% (Bull Market) & 52% (Bear Market).

0.78474 – 0.78183 – 0.78301 – 0.77788 – 0.78828 – 0.78306 —
0.78455 – 0.78352 —
57.173046711261 – 49.764509717565 —
– —
0.78474 – 1777921200

Trading Signals: FOREX – USD – USD/CHF – CHF – Southern Doji – – – – – – – – –