Buy EUR/CHF – 30M – BUY

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

An ascending movement up to the next resistance level at 0.93582 is certain.

Caution: A possible reversal of the trend in the direction of the support line at 0.9344 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

In addition a ‘Support Level’ indicator layout is found. The indicator shows ‘Support Level’. which is often a bullish chart scenario. The pair is likely to go up.

In addition a ‘Northern Doji’ candle pattern is discovered. The candles show ‘Northern Doji’. this is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

Support & Resistance Price Range*
3rd High 0.93924
2nd High 0.93787
Next High 0.93582
Current Price 0.93498
Next Low 0.9344
2nd Low 0.93435
3rd Low 0.9334

0.93582 – 0.93787 – 0.93924 – 0.9344 – 0.93435 – 0.93682 —
0.93506 – 0.93464 —
40.132591168245 – 40.845969690563 —
– —
0.93582 – 1765409400

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