Buy EUR/CHF – 1H – BUY

The currency pair Euro/Swiss Franc (EUR/CHF) breaks through the bullish trendline up.

A continuation of the uptrend up to the next resistance line at 0.94288 will continue.

Caution: A possible counter-trend in the direction of the support level at 0.93629 could happen.
In the case of a trade, always set appropriate stop-loss settings.

Then a ‘Northern Doji’ candle chart pattern is existing. The chart shows ‘Northern Doji’. this is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

Support & Resistance Price Range*
3rd High 0.94465
2nd High 0.94369
Next High 0.94288
Current Price 0.94068
Next Low 0.93629
2nd Low 0.93603
3rd Low 0.93363

0.94288 – 0.94035 – 0.93880 – 0.93629 – 0.93603 – 0.93608

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