The pair Euro/Swiss Franc (EUR/CHF) goes from the ascending trendline up.
A continuation of the bullish trend upwards to the next resistance level at 0.91347 is certain.
Caution: A possible change in the direction of the support level at 0.91012 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘Resistance Level’ indicator layout is detected. The indicator is ‘Resistance Level’. which is often a bullish chart scenario. The pair is likely to go up.
Furthermore a ‘Northern Doji’ candle chart pattern is existing. The candles show ‘Northern Doji’. which is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.91506 |
| 2nd High | 0.91365 |
| Next High | 0.91347 |
| Current Price | 0.91318 |
| Next Low | 0.91012 |
| 2nd Low | 0.90682 |
| 3rd Low | 0.90614 |
0.91298 – 0.90915 – 0.91023 – 0.91012 – 0.90682 – 0.90727 —
0.91316 – 0.91326 —
62.18006651286 – 59.953435936184 —
– —
0.91298 – 1773923400
Trading Signals: FOREX – EUR – EUR/CHF – CHF – Northern Doji – – – – – – – – –