The combination US Dollar/Swiss Franc (USD/CHF) moves from the ascending trendline up.
A continuation of the uptrend upwards to the next resistance level at 0.80987 is considered certain.
Caution: A possible reversal of the trend in the direction of the support zone at 0.80353 is also possible.
Consider stop-loss settings accordingly.
And also a ‘%K crosses above %D’ indicator signal is discovered. The indicator is ‘%K crosses above %D’. which is often a bullish chart scenario. The currency pair could go up.
And also a ‘Resistance Level’ indicator layout is discovered. The indicator is ‘Resistance Level’. this is usually a bullish chart scenario. The pair is likely to go up.
And also a ‘Northern Doji’ candle chart pattern is existing. The chart shows ‘Northern Doji’. this is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.81257 |
| 2nd High | 0.8124 |
| Next High | 0.80987 |
| Current Price | 0.80922 |
| Next Low | 0.80353 |
| 2nd Low | 0.79852 |
| 3rd Low | 0.79376 |
0.80771 – 0.80723 – 0.80668 – 0.80353 – 0.80484 – 0.79852 —
0.80718 – 0.80747 —
65.636251550412 – 59.385719707256 —
– —
0.80771 – 1763652600
Trading Signals: FOREX – USD – USD/CHF – CHF – Northern Doji – – – – – – – – –