The pair Euro/Swiss Franc (EUR/CHF) breaks through the bullish trendline up.
A continuation of the uptrend upwards to the next resistance at 0.92223 will persist.
Caution: A possible reversal of the trend in the direction of the support line at 0.92034 should be noted.
Consider stop-loss settings accordingly.
Moreover a ‘StochRSI %K line crosses above %D line’ indicator signal is existing. The indicator shows ‘StochRSI %K line crosses above %D line’. which could be a positive chart scenario. The currency pair is likely to rise.
Moreover a ‘Three White Soldiers’ chart pattern is found. The chart forms ‘Three White Soldiers’. this is a bullish chart scenario. The currency pair is likely to rise. 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 | 0.92663 |
| 2nd High | 0.9231 |
| Next High | 0.92223 |
| Current Price | 0.92403 |
| Next Low | 0.92034 |
| 2nd Low | 0.91901 |
| 3rd Low | 0.91813 |
0.92223 – 0.9231 – 0.92266 – 0.92122 – 0.92034 – 0.92086 —
0.92233 – 0.92371 —
62.027342829901 – 69.995463807426 —
– —
0.92223 – 1775536200
Trading Signals: FOREX – EUR – EUR/CHF – CHF – Three White Soldiers – – – – – – – – –