EUR/CHF – 1H – BUY

The combination Euro/Swiss Franc (EUR/CHF) breaks through the bearish trendline up.

A bullish ascent up to the next resistance at 0.91572 is expected.

Caution: A possible counter-trend in the direction of the support zone at 0.91332 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

In addition a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is discovered. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive chart scenario. The currency pair could go up.

In addition a ‘Support Level’ indicator layout is found. The indicator is ‘Support Level’. which is often a bullish chart scenario. The currency pair is likely to rise.

In addition a ‘Northern Doji’ candlestick chart pattern is discovered. The chart forms ‘Northern Doji’. which is a positive chart scenario. The currency pair is likely to go up. 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).

0.91572 – 0.91756 – 0.91676 – 0.91332 – 0.91364 – 0.91451 —
0.91557 – 0.91608 —
49.075916842261 – 51.685963786531 —
– —
0.91572 – 1778166000

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