The combination Euro/Swiss Franc (EUR/CHF) breaks through the descending trendline upwards
An ascent upwards to the next resistance line at 0.90279 is expected.
Caution: A possible trend reversal in the direction of support at 0.9006 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
There is also a ‘StochRSI %K line crosses above %D line’ indicator signal is found. The indicator is ‘StochRSI %K line crosses above %D line’. which could be a positive chart scenario. The pair is likely to go up.
There is also a ‘MACD-Hist Bullish Divergence’ indicator signal is found. The indicator is ‘MACD-Hist Bullish Divergence’. which could be a positive chart scenario. The pair is likely to go up.
There is also a ‘Support Level’ indicator signal is detected. The indicator is ‘Support Level’. which could be a positive chart scenario. The currency pair is likely to rise.
There is also a ‘Northern Doji’ candlestick pattern is detected. The candles show ‘Northern Doji’. which is a positive signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.90467 |
| 2nd High | 0.90391 |
| Next High | 0.90279 |
| Current Price | 0.90248 |
| Next Low | 0.9006 |
| 2nd Low | 0.89803 |
| 3rd Low |
0.90279 – 0.90391 – 0.90467 – 0.9006 – 0.90087 – 0.9021 —
0.90257 – 0.90237 —
53.729450441491 – 45.388018097566 —
– —
0.90279 – 1773277200
Trading Signals: FOREX – EUR – EUR/CHF – CHF – Northern Doji – – – – – – – – –