The currency pair Euro/Swiss Franc (EUR/CHF) breaks through the bearish trendline upwards
A bullish trend upwards to the next resistance at 0.93259 will persist.
Caution: A possible trend reversal in the direction of support at 0.91789 could happen.
Please make appropriate stop-loss settings in the case of a trade.
There is also a ‘Northern Doji’ candlestick chart pattern is discovered. The candles show ‘Northern Doji’. which is a positive chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ heading 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 | 0.93103 |
| Next Low | 0.91789 |
| 2nd Low | |
| 3rd Low |
0.93259 – 0.92703 – 0.93103 – 0.91789 – 0.9258 – 0.92373 —
0.93048 – 0.93092 —
61.356646416819 – 67.488227058954 —
– —
0.93259 – 1762516800
Trading Signals: FOREX – EUR – EUR/CHF – CHF – Northern Doji – – – – – – – – –