USD/CHF – 30M – BUY

The pair US Dollar/Swiss Franc (USD/CHF) breaks through the bearish trendline upwards

A bullish movement upwards to the next resistance level at 0.78474 will persist.

Caution: A possible counter-trend in the direction of the support line at 0.78198 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

Furthermore a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is discovered. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which is often a bullish chart signal. The currency pair could go up.

Furthermore a ‘MACD-Hist Hidden Bullish Divergence’ indicator layout is discovered. The indicator is ‘MACD-Hist Hidden Bullish Divergence’. which is often a bullish chart signal. The currency pair could go up.

Furthermore a ‘Resistance Level’ indicator layout is detected. The indicator is ‘Resistance Level’. this is usually a bullish chart signal. The currency pair is likely to rise.

Correction of the major bearish trend broke through the Fibonacci 0.79-Level.Continuation of the current ascending trend will persist. Target of the current trend is 0.78474 at the Fibonacci level 1-Level. Caution: A possible counter-trend in the direction of resistance at 0.78474 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

0.78474 – 0.78468 – 0.78183 – 0.78198 – 0.77994 – 0.7783 —
0.78472 – 0.78351 —
61.48124717548 – 39.795730133308 —
– —
0.78474 – 1777923000

Trading Signals: FOREX – USD – USD/CHF – CHF – – – – – – – – – –