The currency pair Euro/Swiss Franc (EUR/CHF) breaks through the descending trendline up.
An ascent up to the next resistance at 0.90544 will continue.
Caution: A possible counter-trend in the direction of the support zone at is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
And also a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish chart signal. The pair is likely to go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.90717 |
| 2nd High | 0.90707 |
| Next High | 0.90544 |
| Current Price | 0.90388 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.90544 – 0.90467 – 0.90498 – 0.90215 – 0.90179 – 0.9006 —
0.90304 – 0.90380 —
41.851524272559 – 49.217006499309 —
0.90215 – 1773403200 —
0.90544 – 1773378000
Trading Signals: FOREX – EUR – EUR/CHF – CHF – – – – – – – – – –