The combination Euro/Swiss Franc (EUR/CHF) breaks through the bearish trendline up.
A bullish ascent upwards to the next resistance level at 0.92253 will persist.
Caution: A possible trend reversal in the direction of the support level at 0.91948 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Furthermore a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bullish signal. The currency pair could go up.
Furthermore a ‘StochRSI %K line crosses above %D line’ indicator layout is detected. The indicator shows ‘StochRSI %K line crosses above %D line’. this is usually a bullish signal. The currency pair could go up.
Furthermore a ‘Support Level’ indicator signal is detected. The indicator shows ‘Support Level’. which could be a positive signal. The pair is likely to go up.
Furthermore a ‘Bullish Tri-Star’ candlestick pattern is found. The chart forms ‘Bullish Tri-Star’. which is a positive chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bullish Tri-Star’ going up is 60% (Bull Market) & 55% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.92343 |
| 2nd High | 0.92281 |
| Next High | 0.92253 |
| Current Price | 0.92185 |
| Next Low | 0.91948 |
| 2nd Low | 0.91918 |
| 3rd Low | 0.91801 |
0.92253 – 0.9218 – 0.92281 – 0.91948 – 0.92095 – 0.92183 —
0.92192 – 0.92195 —
53.780321287447 – 55.209072616098 —
– —
0.92253 – 1781283600
Trading Signals: FOREX – EUR – EUR/CHF – CHF – Bullish Tri-Star – – – – – – – – –