The pair US Dollar/Swiss Franc (USD/CHF) breaks through the bullish trendline upwards
A continuation of the uptrend upwards to the next resistance level at 0.77300 is expected.
Caution: A possible trend reversal in the direction of the support level at could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
And also a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is discovered. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which could be a positive chart signal. The pair is likely to go up.
And also a ‘StochRSI %K line crosses above %D line’ indicator signal is discovered. The indicator shows ‘StochRSI %K line crosses above %D line’. which could be a positive chart signal. The pair is likely to go up.
And also a ‘Three Outside Up’ chart pattern is found. The chart forms ‘Three Outside Up’. this 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 | 0.77857 |
| 2nd High | 0.77714 |
| Next High | 0.77300 |
| Current Price | 0.77096 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.77300 – 0.7688 – 0.76758 – 0.76479 – 0.7646 – 0.76288 —
0.77300 – 0.77068 —
79.688736442133 – 59.716370472266 —
0.77300 – 1770831000 —
– 1770831000
Trading Signals: FOREX – USD – USD/CHF – CHF – Three Outside Up – – – – – – – – –