EUR/CHF – 1H – BUYAnd also a ‘Falling Wedge Chart Pattern’ chart pattern is discovered. The chart shows ‘Falling Wedge Chart Pattern’. this is a bullish pattern signal. The pair is likely to go up.
The combination Euro/Swiss Franc (EUR/CHF) breaks through the descending trendline upwards
A bullish ascent upwards to the next resistance at 0.93870 will persist.
Caution: A possible counter-trend in the direction of the support level at 0.93540 could be enabled.
Consider stop-loss settings accordingly.
And also a ‘Resistance Level’ indicator signal is existing. The indicator is ‘Resistance Level’. this is usually a bullish chart signal. The currency pair could go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.94288 |
| 2nd High | 0.94285 |
| Next High | 0.93870 |
| Current Price | 0.93974 |
| Next Low | 0.93540 |
| 2nd Low | 0.93072 |
| 3rd Low | 0.92926 |
0.93870 – 0.94285 – 0.94288 – 0.93540 – 0.93072 – 0.93629