EUR/CHF – 4H – BUY

The combination Euro/Swiss Franc (EUR/CHF) goes from the ascending trendline up.

A continuation of the upward movement up to the next resistance line at 0.92784 is certain.

Caution: A possible reversal of the trend in the direction of the support line at could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

Next a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bullish signal. The currency pair is likely to rise.

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

Next a ‘Northern Doji’ candle chart pattern is discovered. The chart forms ‘Northern Doji’. this is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

Support & Resistance Price Range*
3rd High 0.93492
2nd High 0.93072
Next High 0.92784
Current Price 0.92281
Next Low
2nd Low
3rd Low

0.92784 – 0.9237 – 0.92349 – 0.92207 – 0.92017 – 0.91769 —
0.92433 – 0.92543 —
51.419370100977 – 40.25517000047 —
– —
0.92784 – 1784016000

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