The combination US Dollar/Swiss Franc (USD/CHF) goes from the ascending trendline upwards
A continuation of the upward movement upwards to the next resistance line at 0.80173 will continue.
Caution: A possible change in the direction of the support level at 0.79859 could be enabled.
Consider stop-loss settings accordingly.
Besides a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive chart signal. The pair is likely to go up.
Besides a ‘Resistance Level’ indicator signal is found. The indicator shows ‘Resistance Level’. which is often a bullish chart signal. The currency pair is likely to rise.
Besides a ‘Northern Doji’ candlestick chart pattern is found. The candles form ‘Northern Doji’. this is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.80821 |
| 2nd High | 0.80646 |
| Next High | 0.80173 |
| Current Price | 0.80061 |
| Next Low | 0.79859 |
| 2nd Low | 0.79817 |
| 3rd Low | 0.79679 |
0.80173 – 0.80033 – 0.80009 – 0.79859 – 0.79817 – 0.79679 —
0.80152 – 0.80120 —
63.873050385534 – 58.4001199951 —
– —
0.80173 – 1767978000
Trading Signals: FOREX – USD – USD/CHF – CHF – Northern Doji – – – – – – – – –