EUR/CHF – 1H – BUYThe currency pair Euro/Swiss Franc (EUR/CHF) breaks through the bearish trendline upwards
A bullish movement upwards to the next resistance at 0.93072 is certain.
Caution: A possible reversal of the trend in the direction of the support line at 0.92574 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
And also a ‘%K cross above 0.2’ indicator signal is found. The indicator is ‘%K cross above 0.2’. which could be a positive signal. The currency pair could go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.93492 |
| 2nd High | 0.93281 |
| Next High | 0.93072 |
| Current Price | 0.92775 |
| Next Low | 0.92574 |
| 2nd Low | 0.92536 |
| 3rd Low | 0.92068 |
0.93072 – 0.92912 – 0.92972 – 0.92574 – 0.92536 – 0.92705 —
0.92986 – 0.92880 —
62.120036848951 – 41.8966687275 —
– —
0.93072 – 1769029200
Trading Signals: FOREX – EUR – EUR/CHF – CHF – – Head and Shoulder chart pattern – – – – – – – –