The pair Euro/Swiss Franc (EUR/CHF) goes from the bearish trendline downwards
A continuation of the bearish trend downwards to the next support level at 0.91332 is considered certain.
Caution: A possible change in the direction of resistance at 0.91572 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘Support Level’ indicator layout is existing. The indicator is ‘Support Level’. which could be a negative signal. The pair is likely to go down.
Furthermore a ‘Southern Doji’ chart pattern is existing. The chart forms ‘Southern Doji’. this is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Southern Doji’ going up is 51% (Bull Market) & 52% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.9178 |
| 2nd High | 0.91756 |
| Next High | 0.91572 |
| Current Price | 0.91480 |
| Next Low | 0.91332 |
| 2nd Low | 0.91168 |
| 3rd Low | 0.9086 |
0.91572 – 0.91756 – 0.91676 – 0.91332 – 0.91364 – 0.91451 —
0.91544 – 0.91547 —
52.833039375974 – 47.073121670741 —
– —
0.91572 – 1778166000
Trading Signals: FOREX – EUR – EUR/CHF – CHF – Southern Doji – – – – – – – – –