• CHFJPY reversed from support level 119.00
• Likely to rise to resistance level 121.00
CHFJPY currency pair recently reversed up from the support level 119.00 (previous monthly low from June), standing near the lower daily Bollinger band and 61.8% Fibonacci retracement of the extended upward impulse from the end of March
The upward reversal from the support level 119.00 stopped the previous minor ABC correction (ii).
CHFJPY currency pair can be expected to rise further toward the next resistance level 121.00 (top of the previous impulse wave (i)).
- EURCHF falling inside minor impulse wave 5 - Likely to fall to support level…
- USDCHF reversed from resistance zone - Likely to fall to support level 0.8860 USDCHF…
The US dollar is at two-year highs. Factors such as changes in the Fed's monetary…
The crypto market is experiencing a decline, with a potential further drop in value. Bitcoin…
- EURGBP reversed from support zone - Likely to rise to resistance level 0.8300 EURGBP…
- EURJPY broke resistance zone - Likely to rise to resistance level 165.00 EURJPY currency…
This website uses cookies