The currency pair Euro/Swiss Franc (EUR/CHF) breaks through the bearish trendline upwards
A bullish ascent up to the next resistance line at 0.91918 will persist.
Caution: A possible counter-trend in the direction of the support zone at 0.91698 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Besides a ‘Three White Soldiers’ candle pattern is discovered. The chart forms ‘Three White Soldiers’. which is a positive chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.92321 |
| 2nd High | 0.92053 |
| Next High | 0.91918 |
| Current Price | 0.91900 |
| Next Low | 0.91698 |
| 2nd Low | 0.91587 |
| 3rd Low | 0.91516 |
0.91918 – 0.9181 – 0.92053 – 0.91698 – 0.917 – 0.91587 —
0.91878 – 0.91892 —
56.671766257472 – 55.0744344824 —
– —
0.91918 – 1776931200
Trading Signals: FOREX – EUR – EUR/CHF – CHF – Three White Soldiers – – – – – – – – –