The combination Euro/Swiss Franc (EUR/CHF) breaks through the bearish trendline upwards
A bullish trend upwards to the next resistance level at 0.91687 is likely expected.
Caution: A possible trend reversal in the direction of support at 0.91066 should always be considered.
Consider stop-loss settings accordingly.
Besides a ‘MACD crosses above signal’ indicator signal is discovered. The indicator is ‘MACD crosses above signal’. which is often a bullish signal. The currency pair is likely to rise.
Besides a ‘RSI Hidden Bullish Divergence’ indicator signal is discovered. The indicator is ‘RSI Hidden Bullish Divergence’. which is often a bullish signal. The currency pair is likely to rise.
Besides a ‘Three White Soldiers’ candle chart pattern is discovered. The chart shows ‘Three White Soldiers’. which 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 likelyhood of ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.93072 |
| 2nd High | 0.92171 |
| Next High | 0.91687 |
| Current Price | 0.91387 |
| Next Low | 0.91066 |
| 2nd Low | 0.90944 |
| 3rd Low |
0.91687 – 0.92171 – 0.93072 – 0.91066 – 0.90944 – 0.91442 —
0.91193 – 0.91167 —
41.12724515013 – 40.434050805841 —
– —
0.91687 – 1770825600
Trading Signals: FOREX – EUR – EUR/CHF – CHF – Three White Soldiers – Double bottom chart pattern – – – – – – – –