The pair US Dollar/Swiss Franc (USD/CHF) moves from the bullish trendline down.
A bearish trend down to the next support at 0.79376 is certain.
Caution: A possible trend reversal in the direction of the resistance zone at 0.80113 is also possible.
Consider stop-loss settings accordingly.
In addition a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is found. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which could be a positive chart scenario. The currency pair could go up.
In addition a ‘Support Level’ indicator signal is existing. The indicator shows ‘Support Level’. this is usually a bullish chart scenario. The currency pair could go up.
In addition a ‘Northern Doji’ chart pattern is existing. The chart forms ‘Northern Doji’. this is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.80841 |
| 2nd High | 0.80726 |
| Next High | 0.80113 |
| Current Price | 0.79969 |
| Next Low | 0.79376 |
| 2nd Low | 0.79315 |
| 3rd Low | 0.78778 |
0.79661 – 0.79938 – 0.80113 – 0.79376 – 0.79315 – 0.78778 —
0.79745 – 0.79978 —
60.815178694266 – 65.07380184909 —
– —
0.79661 – 1763431200
Trading Signals: FOREX – USD – USD/CHF – CHF – Northern Doji – – – – –