The currency pair Euro/Swiss Franc (EUR/CHF) breaks through the bearish trendline upwards
A bullish trend up to the next resistance level at 0.91363 is considered certain.
Caution: A possible counter-trend in the direction of the support level at 0.9107 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘StochRSI %K line crosses above %D line’ indicator signal is discovered. The indicator is ‘StochRSI %K line crosses above %D line’. this is usually a bullish chart signal. The pair is likely to go up.
Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is considered certain. Current target is 0.913375 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the resistance zone at 0.91363 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.91608 |
| 2nd High | 0.91448 |
| Next High | 0.91363 |
| Current Price | 0.91187 |
| Next Low | 0.9107 |
| 2nd Low | 0.91066 |
| 3rd Low | 0.90984 |
0.91363 – 0.91448 – 0.91608 – 0.9107 – 0.91128 – 0.91066 —
0.91253 – 0.91201 —
47.480308548207 – 42.955696672504 —
– —
0.91363 – 1771246800
Trading Signals: FOREX – EUR – EUR/CHF – CHF – – – – – – – – – –