The pair US Dollar/Swiss Franc (USD/CHF) moves from the descending trendline upwards
An ascent upwards to the next resistance level at 0.7848 is certain.
Caution: A possible trend reversal in the direction of support at 0.77709 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
There is also a ‘MACD crosses above signal’ indicator signal is discovered. The indicator is ‘MACD crosses above signal’. this is usually a bullish signal. The currency pair could go up.
There is also a ‘RSI Bullish Divergence’ indicator signal is discovered. The indicator is ‘RSI Bullish Divergence’. this is usually a bullish signal. The currency pair could go up.
There is also a ‘StochOSC Bullish Divergence’ indicator signal is discovered. The indicator is ‘StochOSC Bullish Divergence’. this is usually a bullish signal. The currency pair could go up.
There is also a ‘Support Level’ indicator signal is discovered. The indicator is ‘Support Level’. which could be a positive chart signal. The pair is likely to go up.
There is also a ‘Three Outside Up’ chart pattern is detected. The candles show ‘Three Outside Up’. which is a positive pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.79339 |
| 2nd High | 0.79247 |
| Next High | 0.7848 |
| Current Price | 0.77826 |
| Next Low | 0.77709 |
| 2nd Low | 0.77649 |
| 3rd Low | 0.77478 |
0.7848 – 0.78474 – 0.78183 – 0.77709 – 0.77788 – 0.78828 —
0.77868 – 0.77760 —
35.680644349721 – 31.314189569719 —
– —
0.7848 – 1777968000
Trading Signals: FOREX – USD – USD/CHF – CHF – Three Outside Up – Rising Wedge Chart Pattern – – – – – – – –