CHFJPY: Key Weekly Resistance & Correctional Move 🇨🇭🇯🇵

Short

Swiss Franc / Japanese Yen (OANDA:CHFJPY)

Updated

OANDA:CHFJPY Swiss Franc / Japanese Yen

Parallel Channel Wave Analysis Elliott Wave CHFJPY swiss yen swing swingtrading swingtrader priceaction

parallelchannel waveanalysis elliottwaves chfjpy swiss yen swing swingtrading swingtrader priceaction

snapshot

CHFJPY is trading in a bullish trend.
Higher highs & higher lows are respecting the boundaries of a major rising parallel channel.

This week its resistance was reached.
I will expect a correctional move.

Support levels to watch:
122.7
121.2

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Comment:

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EURAUD: Key Level Trade Explained 🇪🇺🇦🇺

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