Buy USD/CHF – 4H – BUY

The currency pair US Dollar/Swiss Franc (USD/CHF) goes from the bullish trendline up.

A continuation of the uptrend upwards to the next resistance level at 0.80528 is certain.

Caution: A possible reversal of the trend in the direction of the support zone at could occur.
In the case of a trade, always set appropriate stop-loss settings.

Also there is a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is existing. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bullish chart scenario. The pair is likely to go up.

Also there is a ‘Northern Doji’ chart pattern is found. The candles show ‘Northern Doji’. which is a positive pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

Support & Resistance Price Range*
3rd High 0.81016
2nd High 0.8071
Next High 0.80528
Current Price 0.80348
Next Low
2nd Low
3rd Low

0.80528 – 0.8071 – 0.81016 – 0.79959 – 0.78778 – 0.80317 —
0.80118 – 0.80393 —
33.109946458534 – 54.497220956412 —
– —
0.80528 – 1764676800

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