The currency pair US Dollar/Swiss Franc (USD/CHF) moves from the bullish trendline up.
A continuation of the uptrend up to the next resistance at 0.80723 is certain.
Caution: A possible reversal of the trend in the direction of the support level at should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Next a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is discovered. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish chart scenario. The currency pair could go up.
Next a ‘%K crosses above %D’ indicator layout is discovered. The indicator is ‘%K crosses above %D’. this is usually a bullish chart scenario. The currency pair could go up.
Next a ‘Northern Doji’ chart pattern is found. The chart forms ‘Northern Doji’. this is a bullish chart scenario. 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 | 0.80841 |
| 2nd High | 0.80726 |
| Next High | 0.80723 |
| Current Price | 0.80681 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.80723 – 0.80668 – 0.80096 – 0.79852 – 0.79376 – 0.79513 —
0.80657 – 0.80733 —
56.048240549465 – 44.615264605572 —
– —
0.80723 – 1763616600
Trading Signals: FOREX – USD – USD/CHF – CHF – Northern Doji – Double bottom chart pattern – – – –