The combination US Dollar/Swiss Franc (USD/CHF) breaks through the descending trendline upwards
A bullish movement up to the next resistance at 0.78253 is likely expected.
Caution: A possible trend reversal in the direction of the support level at 0.77595 could happen.
Consider stop-loss settings accordingly.
Moreover a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bullish signal. The pair is likely to go up.
Moreover a ‘StochRSI %K line crosses above %D line’ indicator layout is existing. The indicator shows ‘StochRSI %K line crosses above %D line’. this is usually a bullish signal. The pair is likely to go up.
Moreover a ‘Support Level’ indicator layout is found. The indicator is ‘Support Level’. which could be a positive chart signal. The pair is likely to go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.78374 |
| 2nd High | 0.78272 |
| Next High | 0.78253 |
| Current Price | 0.78035 |
| Next Low | 0.77595 |
| 2nd Low | 0.76707 |
| 3rd Low | 0.76693 |
0.78253 – 0.78272 – 0.78374 – 0.77595 – 0.7794 – 0.77849 —
0.78129 – 0.78010 —
55.928989013494 – 38.428333177422 —
– —
0.78253 – 1773032400
Trading Signals: FOREX – USD – USD/CHF – CHF – – – – – – – – – –