USD/CHF – 30M – BUY

The pair US Dollar/Swiss Franc (USD/CHF) moves from the ascending trendline up.

A continuation of the upward movement upwards to the next resistance at 0.81481 is considered certain.

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

Besides a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is found. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish signal. The currency pair is likely to rise.

Besides a ‘Northern Doji’ candlestick pattern is discovered. The chart forms ‘Northern Doji’. which is a bullish signal. The currency 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).

0.81481 – 0.81420 – 0.82075 – 0.81066 – 0.80555 – 0.81022

Trading Signals: FOREX – USD – USD/CHF – CHF – Northern Doji