Buy USD/CHF – 30M – BUY

The currency pair US Dollar/Swiss Franc (USD/CHF) breaks through the descending trendline up.

A bullish trend up to the next resistance line at 0.78474 will continue.

Caution: A possible reversal of the trend in the direction of the support level at should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

There is also a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which is often a bullish chart scenario. The currency pair could go up.

There is also a ‘MACD crosses above signal’ indicator signal is detected. The indicator shows ‘MACD crosses above signal’. which is often a bullish chart scenario. The currency pair could go up.

There is also a ‘Northern Doji’ candlestick pattern is found. The chart forms ‘Northern Doji’. which is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

Support & Resistance Price Range*
3rd High 0.79247
2nd High 0.79229
Next High 0.78474
Current Price 0.78438
Next Low
2nd Low
3rd Low

0.78474 – 0.78468 – 0.78183 – 0.78198 – 0.77994 – 0.7783 —
0.78429 – 0.78405 —
59.670535654491 – 57.475484599712 —
– —
0.78474 – 1777923000

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