The combination Euro/Swiss Franc (EUR/CHF) jumps from the descending trendline up.
An ascending movement upwards to the next resistance level at 0.9181 will persist.
Caution: A possible reversal of the trend in the direction of support at 0.91625 could be enabled.
Consider stop-loss settings accordingly.
Additionally a ‘Support Level’ indicator layout is existing. The indicator is ‘Support Level’. which is often a bullish chart scenario. The pair is likely to go up.
Additionally a ‘Bearish SBS White Lines’ candle chart pattern is existing. The candles show ‘Bearish SBS White Lines’. which is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bearish SBS White Lines’ going down is 56% (Bull Market) & 57% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.92321 |
| 2nd High | 0.92053 |
| Next High | 0.9181 |
| Current Price | 0.91677 |
| Next Low | 0.91625 |
| 2nd Low | 0.91516 |
| 3rd Low | 0.91482 |
0.9181 – 0.92053 – 0.92321 – 0.91625 – 0.91634 – 0.92143 —
0.91756 – 0.91741 —
39.590231033834 – 44.185011977029 —
– —
0.9181 – 1776769200
Trading Signals: FOREX – EUR – EUR/CHF – CHF – Bearish SBS White Lines – – – – – – – – –