The combination Euro/Swiss Franc (EUR/CHF) goes from the ascending trendline upwards
A continuation of the upward movement up to the next resistance level at 0.92349 is expected.
Caution: A possible change in the direction of the support level at should be noted.
In the case of a trade, always set appropriate stop-loss settings.
And also a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which could be a positive chart scenario. The pair is likely to go up.
And also a ‘MACD Hidden Bullish Divergence’ indicator layout is existing. The indicator shows ‘MACD Hidden Bullish Divergence’. which is often a bullish chart scenario. The currency pair could go up.
And also a ‘MACD-Hist Hidden Bullish Divergence’ indicator layout is existing. The indicator shows ‘MACD-Hist Hidden Bullish Divergence’. which could be a positive chart scenario. The pair is likely to go up.
And also a ‘Bearish SBS White Lines’ chart pattern is existing. The candles show ‘Bearish SBS White Lines’. this is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bearish SBS White Lines’ going down is 56% (Bull Market) & 57% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.92613 |
| 2nd High | 0.92431 |
| Next High | 0.92349 |
| Current Price | 0.92228 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.92349 – 0.92281 – 0.92245 – 0.9217 – 0.9197 – 0.92026 —
0.92248 – 0.92247 —
49.639089113816 – 44.459667078378 —
– —
0.92349 – 1782756000
Trading Signals: FOREX – EUR – EUR/CHF – CHF – Bearish SBS White Lines – – – – – – – – –