Buy USD/CHF – 30M – BUY

The currency pair US Dollar/Swiss Franc (USD/CHF) breaks through the bearish trendline up.

The bullish trend up to the next resistance at 0.78186 is likely expected.

Caution: A possible change in the direction of the support level at 0.77849 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

Besides a ‘Three White Soldiers’ candle chart pattern is discovered. The chart shows ‘Three White Soldiers’. which is a positive pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ heading up is 82%.

Support & Resistance Price Range*
3rd High 0.78784
2nd High 0.78348
Next High 0.78186
Current Price 0.78078
Next Low 0.77849
2nd Low 0.7782
3rd Low 0.76707

0.78186 – 0.78348 – 0.78332 – 0.77849 – 0.7782 – 0.77902 —
0.78266 – 0.78086 —
59.25141965303 – 44.913995517337 —
– —
0.78186 – 1772697600

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