Buy EUR/CHF – 1H – BUY

The currency pair Euro/Swiss Franc (EUR/CHF) breaks through the ascending trendline upwards

A continuation of the uptrend upwards to the next resistance at 0.93501 is considered certain.

Caution: A possible change in the direction of the support level at 0.92753 is within the realm of possibility.
Consider stop-loss settings accordingly.

Then a ‘Northern Doji’ chart pattern is existing. The candles form ‘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 probability of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

Support & Resistance Price Range*
3rd High 0.9363
2nd High 0.93574
Next High 0.93501
Current Price 0.93384
Next Low 0.92753
2nd Low 0.92068
3rd Low 0.91789

0.93501 – 0.93248 – 0.93048 – 0.92753 – 0.92822 – 0.92068 —
0.93399 – 0.93350 —
53.38211354426 – 51.517366829949 —
– —
0.93501 – 1764079200

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