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Swiss Franc / Japanese Yen
Short

CHFJPY Approaching Resistance, Potential Reversal

2 548
CHFJPY is approaching its resistance at 112.92 (100% Fibonacci extension, 50% Fibonacci retracement, horizontal pullback resistance) where it icould potentially reverse down to its support at 111.97 (horizontal overlap support).
Stochastic (55, 5, 3) is approaching its resistance at 93% where a corresponding reversal may occur.
ICmarkets
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IC Markets is an online forex broker specialized in providing transparent trading solutions to both retail and institutional investors alike. We provide superior execution technology, lower spreads and unrivaled liquidity.
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Chart PatternschfCHFJPYchfjpylongchfjpyshortForexforexsignalforextradingHarmonic PatternsjpyTrend Analysis

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Chart PatternschfCHFJPYchfjpylongchfjpyshortForexforexsignalforextradingHarmonic PatternsjpyTrend Analysis
ICmarkets
Broker
IC Markets is an online forex broker specialized in providing transparent trading solutions to both retail and institutional investors alike. We provide superior execution technology, lower spreads and unrivaled liquidity.
Also on:

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.