• 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)).
- Adobe reversed from support zone - Likely to rise to resistance level 500.00 Adobe…
- EURJPY reversed from support zone - Likely to rise to resistance level 0.8625 EURGBP…
USDJPY was slipping below 153 on Friday morning, a three-week low and having lost over…
Market picture Crypto market capitalisation rose 3.3% in 24 hours to $2.22 trillion. Local capitalisation…
- EURJPY under strong bearish pressure - Likely to fall to support level 163.10 EURJPY…
- WTI broke round support level 80.00 - Likely to fall to support level 76.00…
This website uses cookies
