EUR/CHF – 30M – BUYThe currency pair Euro/Swiss Franc (EUR/CHF) breaks through the descending trendline up.
A bullish trend up to the next resistance line at 0.91365 is certain.
Caution: A possible trend reversal in the direction of the support level at 0.91214 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
And also a ‘MACD Hidden Bullish Divergence’ indicator signal is discovered. The indicator shows ‘MACD Hidden Bullish Divergence’. which is often a bullish chart signal. The currency pair could go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.91608 |
| 2nd High | 0.91506 |
| Next High | 0.91365 |
| Current Price | 0.91280 |
| Next Low | 0.91214 |
| 2nd Low | 0.91179 |
| 3rd Low | 0.91033 |
0.91365 – 0.91506 – 0.91279 – 0.91214 – 0.91179 – 0.91033 —
0.91265 – 0.91270 —
42.398531694499 – 43.459912982813 —
– —
0.91365 – 1772150700
Trading Signals: FOREX – EUR – EUR/CHF – CHF – – – – – – – – – –