The pair Euro/Swiss Franc (EUR/CHF) goes from the descending trendline up.
An ascent up to the next resistance level at 0.92171 will persist.
Caution: A possible trend reversal in the direction of the support zone at could occur.
In the case of a trade, always set appropriate stop-loss settings.
And also a ‘Three White Soldiers’ candle chart pattern is detected. The candles show ‘Three White Soldiers’. which is a positive signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.93492 |
| 2nd High | 0.93072 |
| Next High | 0.92171 |
| Current Price | 0.91371 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.92171 – 0.93072 – 0.93492 – 0.91442 – 0.91485 – 0.91434 —
0.91647 – 0.91337 —
40.623708208622 – 40.917120178326 —
– —
0.92171 – 1770048000
Trading Signals: FOREX – EUR – EUR/CHF – CHF – Three White Soldiers – – – – – – – – –