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
Trading Signals: FOREX – USD – USD/CHF – CHF – Northern Doji – Double top chart pattern – – – – – – – –