The currency pair US Dollar/Swiss Franc (USD/CHF) breaks through the bullish trendline upwards
A continuation of the upward movement upwards to the next resistance line at 0.81512 will persist.
Caution: A possible change in the direction of the support level at 0.80744 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘StochRSI %K crosses above 0.2’ indicator signal is existing. The indicator is ‘StochRSI %K crosses above 0.2’. which could be a positive chart signal. The currency pair is likely to rise.
Also there is a ‘Bullish Belt Hold’ candle chart pattern is discovered. The chart shows ‘Bullish Belt Hold’. which is a positive signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bullish Belt Hold’ going up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.81947 |
| 2nd High | 0.81936 |
| Next High | 0.81512 |
| Current Price | 0.81242 |
| Next Low | 0.80744 |
| 2nd Low | 0.80593 |
| 3rd Low | 0.80302 |
0.81512 – 0.81083 – 0.80795 – 0.80744 – 0.80593 – 0.80302 —
0.81390 – 0.81259 —
53.509699136974 – 36.473057686011 —
– —
0.81512 – 1783998000
Trading Signals: FOREX – USD – USD/CHF – CHF – Bullish Belt Hold – – – – – – – – –