Buy EUR/CHF – 30M – BUY

The currency pair Euro/Swiss Franc (EUR/CHF) breaks through the bearish trendline upwards

A bullish trend up to the next resistance level at 0.91363 is considered certain.

Caution: A possible counter-trend in the direction of the support level at 0.9107 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

Furthermore a ‘StochRSI %K line crosses above %D line’ indicator signal is discovered. The indicator is ‘StochRSI %K line crosses above %D line’. this is usually 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 considered certain. Current target is 0.913375 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the resistance zone at 0.91363 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

Support & Resistance Price Range*
3rd High 0.91608
2nd High 0.91448
Next High 0.91363
Current Price 0.91187
Next Low 0.9107
2nd Low 0.91066
3rd Low 0.90984

0.91363 – 0.91448 – 0.91608 – 0.9107 – 0.91128 – 0.91066 —
0.91253 – 0.91201 —
47.480308548207 – 42.955696672504 —
– —
0.91363 – 1771246800

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