Buy EUR/CHF – 30M – BUY

In addition a ‘Resistance Level’ indicator layout is found. The indicator shows ‘Resistance Level’. which is often a bullish chart signal. The currency pair is likely to rise.

Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend is considered certain. Current target is 0.92578 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of resistance at 0.92578 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

In addition a ‘Northern Doji’ candle chart pattern is discovered. The candles form ‘Northern Doji’. which is a positive 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 0.93253
2nd High 0.93108
Next High 0.92578
Current Price 0.92664
Next Low 0.92068
2nd Low 0.91789
3rd Low

0.92306 – 0.92299 – 0.92301 – 0.92068 – 0.92209 – 0.92135 —
0.92536 – 0.92591 —
66.122642966 – 58.85765050766 —
– —
0.92306 – 1763418600

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