The pair US Dollar/Swiss Franc (USD/CHF) breaks through the bearish trendline upwards
The bullish trend up to the next resistance line at 0.80108 is likely expected.
Caution: A possible reversal of the trend in the direction of the support line at 0.79481 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
There is also a ‘StochRSI %K line crosses above %D line’ indicator layout is detected. The indicator shows ‘StochRSI %K line crosses above %D line’. which is often a bullish chart signal. The currency pair could go up.
There is also a ‘Resistance Level’ indicator layout is discovered. The indicator is ‘Resistance Level’. this is usually a bullish chart scenario. The currency pair could go up.
There is also a ‘Three White Soldiers’ candle pattern is detected. The chart shows ‘Three White Soldiers’. which is a positive pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.80423 |
| 2nd High | 0.80179 |
| Next High | 0.80108 |
| Current Price | 0.79923 |
| Next Low | 0.79481 |
| 2nd Low | 0.79469 |
| 3rd Low | 0.78716 |
0.79839 – 0.79864 – 0.79268 – 0.79481 – 0.79469 – 0.78716 —
0.79726 – 0.79824 —
52.023857464261 – 55.527461703629 —
– —
0.79839 – 1780974000
Trading Signals: FOREX – USD – USD/CHF – CHF – Three White Soldiers – – – – – – – – –