Buy USD/CHF – 1H – BUY

There is also a ‘Falling Wedge Chart Pattern’ chart layout is discovered. The chart forms ‘Falling Wedge Chart Pattern’. which is a bullish signal. The pair is likely to go up.

The pair US Dollar/Swiss Franc (USD/CHF) breaks through the descending trendline upwards

The bullish trend upwards to the next resistance level at 0.81337 is certain.

Caution: A possible reversal of the trend in the direction of the support zone at could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

There is also a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive chart scenario. The pair is likely to go up.

There is also a ‘Northern Doji’ candlestick pattern is existing. The chart shows ‘Northern Doji’. 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 chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

Support & Resistance Price Range*
3rd High 0.82344
2nd High 0.81481
Next High 0.81337
Current Price 0.81463
Next Low
2nd Low
3rd Low

0.81337 – 0.81481 – 0.82344 – 0.81066 – 0.80555 – 0.81846

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