traderpulse

CHF/JPY Technical analysis

Long
FX:CHFJPY   Swiss Franc / Japanese Yen
The falling prices have found support at the long term trendline in the 4-hour chart.
To confluence the support, a bullish pinbar has also formed indicating the resurge in bullish bias.
Hence, we expect the pair to move to resistive trendline for now.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.