The currency pair Euro/Swiss Franc (EUR/CHF) breaks through the bearish trendline up.
An ascending movement upwards to the next resistance level at 0.90131 is considered certain.
Caution: A possible change in the direction of support at should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish signal. The pair is likely to go up.
Additionally a ‘Three White Soldiers’ chart pattern is discovered. The chart forms ‘Three White Soldiers’. which is a bullish signal. The pair is likely to go up. 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 | 0.90717 |
| 2nd High | 0.90707 |
| Next High | 0.90131 |
| Current Price | 0.90168 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.90131 – 0.90707 – 0.90717 – 0.89803 – 0.89831 – 0.90494 —
0.90042 – 0.90071 —
46.269172560795 – 51.415139669194 —
– —
0.90131 – 1773048600
Trading Signals: FOREX – EUR – EUR/CHF – CHF – Three White Soldiers – – – – – – – – –