CHFJPY today broke below the support area lying between the key support level 109.00 (monthly low from February) and the 50% Fibonacci correction of the previous sharp upward impulse from January.
The breakout of this support area accelerated the active short-term impulse wave (c) from the middle of April.
CHFJPY is expected to fall further and re-test the next support level 107.20 (target price for the completion of the active impulse wave (c)).
CHFJPY: ⬆️ Buy - CHFJPY reversed from support area - Likely to rise to resistance…
Exxon Mobil: ⬆️ Buy - Exxon Mobil reversed from support area - Likely to rise…
Welcome to Pro News Weekly! Here’s what is shaping the markets: 💵 The U.S. dollar…
• EURUSD falls due to geopolitics and expectations of tariff removal • Gold returns to…
Platinum: ⬇️ Sell - Platinum reversed from pivotal resistance level 150.00 - Likely to fall to…
Baidu: ⬇️ Sell - Baidu reversed from resistance zone - Likely to fall to support level…
This website uses cookies
