Buy EUR/CHF – 30M – BUY

The combination Euro/Swiss Franc (EUR/CHF) goes from the bullish trendline upwards

A continuation of the bullish trend up to the next resistance level at 0.93742 is expected.

Caution: A possible counter-trend in the direction of the support level at 0.93363 should be noted.
Consider stop-loss settings accordingly.

Also there is a ‘Northern Doji’ chart pattern is found. The candles show ‘Northern Doji’. this is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

Support & Resistance Price Range*
3rd High 0.93831
2nd High 0.93766
Next High 0.93742
Current Price 0.93792
Next Low 0.93363
2nd Low 0.92978
3rd Low 0.92750

0.93742 – 0.93586 – 0.93504 – 0.93363 – 0.92978 – 0.93225

Download EUR/CHF Signal Image

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