Buy USD/CHF – 1H – BUY

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

A bullish movement up to the next resistance line at 0.78474 will continue.

Caution: A possible reversal of the trend in the direction of the support level at should always be considered.
Consider stop-loss settings accordingly.

Furthermore a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is discovered. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bearish signal. The pair is likely to go down.

Furthermore a ‘StochRSI %K line crosses below %D line’ indicator signal is discovered. The indicator shows ‘StochRSI %K line crosses below %D line’. this is usually a bearish signal. The pair is likely to go down.

Furthermore a ‘Northern Doji’ candlestick chart pattern is existing. The candles form ‘Northern Doji’. this 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 ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

Support & Resistance Price Range*
3rd High 0.79339
2nd High 0.79247
Next High 0.78474
Current Price 0.78416
Next Low
2nd Low
3rd Low

0.78474 – 0.78183 – 0.78301 – 0.77788 – 0.78828 – 0.78306 —
0.78396 – 0.78455 —
53.838099015105 – 57.173046378706 —
– —
0.78474 – 1777921200

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