USD/CHF – 4H – BUY

The currency pair US Dollar/Swiss Franc (USD/CHF) breaks through the bearish trendline upwards

An ascending movement upwards to the next resistance level at 0.79339 will persist.

Caution: A possible trend reversal in the direction of the support level at 0.77749 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

Additionally a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is discovered. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish chart scenario. The currency pair could go up.

Additionally a ‘StochRSI %K line crosses above %D line’ indicator layout is discovered. The indicator is ‘StochRSI %K line crosses above %D line’. which is often a bullish chart scenario. The currency pair could go up.

Additionally a ‘Support Level’ indicator layout is found. The indicator shows ‘Support Level’. this is usually a bullish signal. The currency pair is likely to rise.

Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend will persist. Current target is 0.79086 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the resistance zone at 0.79339 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

0.78454 – 0.79339 – 0.80179 – 0.77749 – 0.779 – 0.78691 —
0.78075 – 0.78586 —
43.330361882295 – 61.301889990309 —
– —
0.78454 – 1776369600

Trading Signals: FOREX – USD – USD/CHF – CHF – – – – – – – – – –