USD/CHF – 30M – BUY

The combination US Dollar/Swiss Franc (USD/CHF) breaks through the descending trendline upwards

The bullish trend up to the next resistance at 0.79704 will persist.

Caution: A possible counter-trend in the direction of support at 0.78716 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

Besides a ‘StochRSI %K line crosses above %D line’ indicator layout is found. The indicator shows ‘StochRSI %K line crosses above %D line’. this is usually a bullish signal. The currency pair is likely to rise.

Besides a ‘RSI Bullish Divergence’ indicator layout is found. The indicator shows ‘RSI Bullish Divergence’. this is usually a bullish signal. The currency pair is likely to rise.

0.79704 – 0.79756 – 0.79747 – 0.79299 – 0.79477 – 0.79405 —
0.79451 – 0.79344 —
42.456425313638 – 35.019192405278 —
– —
0.79704 – 1781307000

Trading Signals: FOREX – USD – USD/CHF – CHF – – Rising Wedge Chart Pattern – – – – – – – –