Buy EUR/CHF – 1H – BUY

In addition a ‘Support Level’ indicator signal is discovered. The indicator is ‘Support Level’. which is often a bullish chart signal. The pair is likely to go up.

Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is expected. Current target is 0.92931 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the resistance line at 0.9306 is also possible.
Consider stop-loss settings accordingly.

In addition a ‘Northern Doji’ chart pattern is existing. The chart forms ‘Northern Doji’. this is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

Support & Resistance Price Range*
3rd High 0.93165
2nd High 0.93157
Next High 0.9306
Current Price 0.92820
Next Low 0.92697
2nd Low 0.92577
3rd Low 0.92068

0.9306 – 0.93157 – 0.93165 – 0.92697 – 0.92974 – 0.92755 —
0.92890 – 0.92811 —
45.916251667554 – 43.507014792916 —
– —
0.93060 – 1767614400

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