The pair Euro/Swiss Franc (EUR/CHF) breaks through the descending trendline up.
The bullish trend upwards to the next resistance line at 0.92357 is likely expected.
Caution: A possible trend reversal in the direction of support at could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
And also a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is discovered. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which is often a bullish signal. The currency pair could go up.
And also a ‘Three White Soldiers’ candle pattern is existing. The chart forms ‘Three White Soldiers’. which is a positive signal. The pair is likely to go up. 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 | 0.92653 |
| 2nd High | 0.92628 |
| Next High | 0.92357 |
| Current Price | 0.91887 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.92357 – 0.92628 – 0.92653 – 0.91587 – 0.91941 – 0.91429 —
0.91845 – 0.91892 —
44.079149606235 – 50.284943220717 —
– —
0.92357 – 1776369600
Trading Signals: FOREX – EUR – EUR/CHF – CHF – Three White Soldiers – – – – – – – – –