The combination Euro/Swiss Franc (EUR/CHF) breaks through the descending trendline upwards
The bullish trend up to the next resistance at 0.91676 will persist.
Caution: A possible change in the direction of the support zone at 0.91489 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Additionally a ‘MACD crosses above signal’ indicator layout is existing. The indicator is ‘MACD crosses above signal’. this is usually a bullish chart scenario. The currency pair could go up.
Additionally a ‘MACD Bullish Divergence’ indicator layout is existing. The indicator is ‘MACD Bullish Divergence’. which is often a bullish chart scenario. The pair is likely to go up.
Additionally a ‘MACD-Hist Hidden Bullish Divergence’ indicator layout is existing. The indicator is ‘MACD-Hist Hidden Bullish Divergence’. this is usually a bullish chart scenario. The currency pair could go up.
Additionally a ‘Support Level’ indicator layout is discovered. The indicator is ‘Support Level’. which could be a positive signal. The currency pair is likely to rise.
Additionally a ‘Bearish SBS White Lines’ candlestick pattern is found. The candles form ‘Bearish SBS White Lines’. which is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish SBS White Lines’ heading down is 56% (Bull Market) & 57% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.92503 |
| 2nd High | 0.9178 |
| Next High | 0.91676 |
| Current Price | 0.91573 |
| Next Low | 0.91489 |
| 2nd Low | 0.91431 |
| 3rd Low | 0.91429 |
0.91676 – 0.9178 – 0.91775 – 0.91489 – 0.91576 – 0.91431 —
0.91583 – 0.91585 —
45.717155187602 – 37.284173595001 —
– —
0.91676 – 1777971600
Trading Signals: FOREX – EUR – EUR/CHF – CHF – Bearish SBS White Lines – – – – – – – – –