The currency pair US Dollar/Swiss Franc (USD/CHF) breaks through the descending trendline up.
A bullish trend upwards to the next resistance at 0.77919 will continue.
Caution: A possible change in the direction of the support line at 0.77478 is within the realm of possibility.
Consider stop-loss settings accordingly.
Moreover a ‘StochOSC Hidden Bullish Divergence’ indicator layout is detected. The indicator shows ‘StochOSC Hidden Bullish Divergence’. Dieses ist oftmals ein bullisches signal. Das Paar wird voraussichtlich nach oben gehen.
Moreover a ‘Northern Doji’ candle pattern is detected. The chart forms ‘Northern Doji’. which is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.78253 |
| 2nd High | 0.78073 |
| Next High | 0.77919 |
| Current Price | 0.77716 |
| Next Low | 0.77478 |
| 2nd Low | 0.76707 |
| 3rd Low | 0.76693 |
0.77919 – 0.77828 – 0.78073 – 0.77478 – 0.77655 – 0.77792 —
0.77881 – 0.77719 —
53.756081647559 – 43.142058899792 —
– —
0.77919 – 1773181800
Trading Signals: FOREX – USD – USD/CHF – CHF – Northern Doji – – – – – – – – –