The currency pair Euro/Swiss Franc (EUR/CHF) breaks through the ascending trendline upwards
A continuation of the upward movement upwards to the next resistance line at 0.91685 is certain.
Caution: A possible reversal of the trend in the direction of the support zone at 0.91429 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
In addition a ” indicator signal is detected. The indicator shows ”. which could be a positive signal. The currency pair could go up.
!
In addition a ‘MACD crosses above signal’ indicator signal is detected. The indicator shows ‘MACD crosses above signal’. which could be a positive signal. The currency pair could go up.
In addition a ‘Three White Soldiers’ chart pattern is detected. The candles show ‘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 chance of ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.92171 |
| 2nd High | 0.91687 |
| Next High | 0.91685 |
| Current Price | 0.92591 |
| Next Low | 0.91429 |
| 2nd Low | 0.8988 |
| 3rd Low | 0.89803 |
0.91685 – 0.90498 – 0.91506 – 0.91429 – 0.8988 – 0.9006 —
0.91973 – 0.91775 —
69.984802201982 – 54.061180269425 —
– —
0.91685 – 1774425600
Trading Signals: FOREX – EUR – EUR/CHF – CHF – Three White Soldiers – – – – – – – – –