FX.co ★ Patterns EURCHF | Euro (EUR) to Swiss Franc (CHF) Rate in the Forex market
EURCHF M30
Bullish Rectangle
The Bullish Rectangle has formed on the EURCHF M30 chart. This pattern indicates a likely continuation of the trend. Its resistance is at 0.9362 and its support is at 0.9343. A breakout above the resistance zone at 0.9362–0.9362 is likely to signal a continuation of the bullish trend.
EURCHF M30
Bullish Rectangle
The Bullish Rectangle has formed on the EURCHF M30 chart. This is a trend continuation pattern bounded by the lower boundary at 0.9343–0.9343 and the upper boundary at 0.9362–0.9362. A breakout above the upper boundary is likely to signal a continuation of the uptrend.
EURCHF M5
Double Top
The Double Top reversal pattern has formed on the EURCHF M5 chart. Its upper boundary is at 0.9362, its lower boundary is at 0.9352, and its width is 10 points. A break below the lower boundary is likely to confirm further downward movement toward 0.9337.
EURCHF M5
Bullish Symmetrical Triangle
The Bullish Symmetrical Triangle pattern has formed on the EURCHF M5 chart. This is a trend continuation pattern. Its upper and lower boundaries are at 0.9362 and 0.9352, respectively. The pattern width is 10 points. If the price breaks above the upper boundary at 0.9362, it is likely to move toward 0.9372.
EURCHF M15
Bullish Symmetrical Triangle
The Bullish Symmetrical Triangle pattern has formed on the EURCHF M15 chart. This is a trend continuation pattern. Its upper and lower boundaries are at 0.9344 and 0.9302, respectively. The pattern width is 42 points. If the price breaks above the upper boundary at 0.9344, it is likely to move toward 0.9348.
EURCHF M5
Double Bottom
The Double Bottom pattern has formed on the EURCHF M5 chart and signals a potential reversal from a downtrend to an uptrend. A long position may be considered after the price breaks above the upper boundary at 0.9318. The projected move is based on the pattern width of 11 points.
EURCHF M5
Bearish Rectangle
The Bearish Rectangle has formed on the EURCHF M5 chart. This is a trend continuation pattern bounded by the lower boundary at 0.9307–0.9307 and the upper boundary at 0.9318–0.9318. A breakout below the lower boundary is likely to signal a continuation of the downtrend.
EURCHF M5
Double Top
The Double Top reversal pattern has formed on the EURCHF M5 chart. Its upper boundary is at 0.9395, its lower boundary is at 0.9383, and its width is 12 points. A short position may be considered below the lower boundary at 0.9383, with a potential target at 0.9368.
EURCHF M30
Double Bottom
The Double Bottom pattern has formed on the EURCHF M30 chart. Its support is at 0.9373, its resistance is at 0.9393, and its width is 20 points. A break above resistance may confirm a trend reversal, with the first target projected 21 points away.
EURCHF M15
Double Bottom
The Double Bottom pattern has formed on the EURCHF M15 chart and signals a potential reversal from a downtrend to an uptrend. A long position may be considered after the price breaks above the upper boundary at 0.9393. The projected move is based on the pattern width of 20 points.
