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CHFJPY: Bearish Outlook Explained 🇨🇭🇯🇵
Swiss Franc / Japanese Yen
Short
CHFJPY: Bearish Outlook Explained 🇨🇭🇯🇵
By VasilyTrader
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Sep 25, 2023
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Sep 25, 2023
https://www.tradingview.com/x/FD9Lfmxb/
CHFJPY formed an important high momentum bearish candle last week.
With one single candle, the pair violated a lower boundary of a horizontal range,
and the market also closed below a major rising trend line.
It makes me think that the pair may go lower.
Goals: 162.42 / 160.8
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Candlestick Analysis
CHFJPY
japaneseyen
jpy
Parallel Channel
swing
swingtrader
swingtrading
swissfranc
Trend Lines
yen
VasilyTrader
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