Buy EUR/CHF – 4H – BUY

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

The bullish trend upwards to the next resistance level at 0.93259 is considered certain.

Caution: A possible trend reversal in the direction of the support level at 0.91789 could happen.
Consider stop-loss settings accordingly.

Also there is a ‘Northern Doji’ chart pattern is existing. The candles form ‘Northern Doji’. which is a positive pattern signal. 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 0.93725
2nd High 0.93311
Next High 0.93259
Current Price 0.93054
Next Low 0.91789
2nd Low
3rd Low

0.93259 – 0.92703 – 0.93103 – 0.91789 – 0.9258 – 0.92373 —
0.92987 – 0.93093 —
66.372938500714 – 65.269777099801 —
– —
0.93259 – 1762516800

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