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CHFJPY: Bullish Trend Continues 🇨🇭🇯🇵
Swiss Franc / Japanese Yen
Long
CHFJPY: Bullish Trend Continues 🇨🇭🇯🇵
By VasilyTrader
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Aug 11, 2023
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Aug 11, 2023
https://www.tradingview.com/x/g0Z0AAd6/
CHFJPY is trading a long-term bullish trend.
After the price set a new high in July,
it started a correctional movement.
A cup & handle pattern was formed.
CPI report was a trigger for the buyers to violate the neckline of the pattern.
Daily candle closed above that.
It signifies that bullish trend will continue.
The market will most likely keep growing.
Next resistance - 166.5
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Candlestick Analysis
CHFJPY
Cup And Handle
japaneseyen
jpy
Support and Resistance
swing
swingstrategy
swingtrader
swingtrading
swissfranc
VasilyTrader
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