The currency pair US Dollar/Swiss Franc (USD/CHF) breaks through the bullish trendline up.
A continuation of the uptrend upwards to the next resistance at 0.78253 will persist.
Caution: A possible change in the direction of the support line at 0.77829 could occur.
Please make appropriate stop-loss settings in the case of a trade.
And also a ‘Three White Soldiers’ candle pattern is existing. The chart forms ‘Three White Soldiers’. which is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.78374 |
| 2nd High | 0.78272 |
| Next High | 0.78253 |
| Current Price | 0.78269 |
| Next Low | 0.77829 |
| 2nd Low | 0.77649 |
| 3rd Low | 0.77478 |
0.78082 – 0.77919 – 0.77828 – 0.77829 – 0.77649 – 0.77478 —
0.78215 – 0.78236 —
46.120581722025 – 58.250603663292 —
– —
0.78082 – 1773255600
Trading Signals: FOREX – USD – USD/CHF – CHF – Three White Soldiers – – – – – – – – –