The pair US Dollar/Swiss Franc (USD/CHF) goes from the ascending trendline upwards
A continuation of the bullish trend upwards to the next resistance line at 0.77934 is considered certain.
Caution: A possible reversal of the trend in the direction of the support zone at 0.77526 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Besides a ‘RSI Bullish Divergence’ indicator signal is found. The indicator shows ‘RSI Bullish Divergence’. Dieses ist oftmals ein bullisches chart scenario. Das Paar tendiert eventuell nach oben.
Besides a ‘Three Outside Up’ candlestick pattern is discovered. The chart shows ‘Three Outside Up’. which is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.79684 |
| 2nd High | 0.79142 |
| Next High | 0.77934 |
| Current Price | 0.77693 |
| Next Low | 0.77526 |
| 2nd Low | 0.77413 |
| 3rd Low |
0.77934 – 0.77926 – 0.79142 – 0.77526 – 0.77413 – 0.78867 —
0.77703 – 0.77624 —
37.517633040095 – 42.303239068082 —
– —
0.77934 – 1769439600
Trading Signals: FOREX – USD – USD/CHF – CHF – Three Outside Up – Double bottom retreat down – – – – – – – –