Buy USD/CHF – 1H – BUY

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

A continuation of the bullish trend upwards to the next resistance at 0.78171 is considered certain.

Caution: A possible change in the direction of the support line at could happen.
Consider stop-loss settings accordingly.

Besides a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is found. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bullish signal. The currency pair is likely to rise.

Besides a ‘Bearish SBS White Lines’ candle chart pattern is discovered. The chart forms ‘Bearish SBS White Lines’. this is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish SBS White Lines’ heading down is 56% (Bull Market) & 57% (Bear Market).

Support & Resistance Price Range*
3rd High 0.79684
2nd High 0.79142
Next High 0.78171
Current Price 0.77508
Next Low
2nd Low
3rd Low

0.78171 – 0.76999 – 0.77057 – 0.77383 – 0.76625 – 0.76354 —
0.77541 – 0.77559 —
37.941656029991 – 38.4614824526 —
– —
0.78171 – 1770051600

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