EUR/CHF – 30M – BUY

The currency pair Euro/Swiss Franc (EUR/CHF) breaks through the descending trendline upwards

The bullish trend upwards to the next resistance line at 0.9178 is likely expected.

Caution: A possible trend reversal in the direction of the support level at 0.91576 could happen.
In the case of a trade, always set appropriate stop-loss settings.

In addition a ‘MACD crosses above signal’ indicator signal is detected. The indicator shows ‘MACD crosses above signal’. which could be a positive signal. The currency pair is likely to rise.

In addition a ‘MACD Hidden Bullish Divergence’ indicator signal is detected. The indicator shows ‘MACD Hidden Bullish Divergence’. which could be a positive signal. The currency pair is likely to rise.

In addition a ‘MACD-Hist Hidden Bullish Divergence’ indicator signal is detected. The indicator shows ‘MACD-Hist Hidden Bullish Divergence’. which could be a positive signal. The currency pair is likely to rise.

Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is likely expected. Current target is 0.91903 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of resistance at 0.9178 could happen.
In the case of a trade, always set appropriate stop-loss settings.

0.9178 – 0.91678 – 0.91775 – 0.91576 – 0.91596 – 0.91547 —
0.91668 – 0.91650 —
49.633624666016 – 46.292123320119 —
– —
0.9178 – 1777899600

Trading Signals: FOREX – EUR – EUR/CHF – CHF – – – – – – – – – –