EUR/CHF – 1H – BUYThen a ‘Bullish Engulfing’ chart pattern is existing. The chart forms ‘Bullish Engulfing’. which is a positive signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bullish Engulfing’ going up is 63%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.94407 |
| 2nd High | 0.94278 |
| Next High | 0.94094 |
| Current Price | 0.93991 |
| Next Low | 0.93650 |
| 2nd Low | 0.93489 |
| 3rd Low | 0.93297 |
Trading Signals: FOREX – EUR – EUR/CHF – CHF – Bullish Engulfing