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