The pair Euro/Swiss Franc (EUR/CHF) breaks through the bearish trendline up.
An ascending movement up to the next resistance level at 0.90467 will persist.
Caution: A possible counter-trend in the direction of the support line at is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Additionally a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which could be a positive chart scenario. The currency pair could go up.
Additionally a ‘Northern Doji’ candle chart pattern is discovered. The candles form ‘Northern Doji’. which is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.90707 |
| 2nd High | 0.90498 |
| Next High | 0.90467 |
| Current Price | 0.90384 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.90467 – 0.90498 – 0.90469 – 0.9006 – 0.90087 – 0.9021 —
0.90382 – 0.90386 —
54.44174795195 – 61.28418087719 —
– —
0.90467 – 1773223200
Trading Signals: FOREX – EUR – EUR/CHF – CHF – Northern Doji – – – – – – – – –