Buy EUR/CHF – 30M – BUY

The currency pair Euro/Swiss Franc (EUR/CHF) breaks through the ascending trendline upwards

A continuation of the uptrend upwards to the next resistance at 0.93108 is considered certain.

Caution: A possible reversal of the trend in the direction of the support level at 0.92544 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

There is also a ‘Northern Doji’ chart pattern is discovered. The candles show ‘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 success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

Support & Resistance Price Range*
3rd High 0.93259
2nd High 0.93253
Next High 0.93108
Current Price 0.92941
Next Low 0.92544
2nd Low 0.92068
3rd Low 0.91789

0.92693 – 0.92306 – 0.92299 – 0.92544 – 0.92068 – 0.92209 —
0.92903 – 0.92881 —
74.118659578062 – 55.779933321013 —
– —
0.92693 – 1763524800

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