CHFJPY recently reversed up from the support level 109.00 – strengthened by the lower daily Bollinger Band and the 38.2% Fibonacci correction of the upward impulse from October.
The upward reversal from the support level 109.00 created the daily reversal pattern Bullish Engulfing.
CHFJPY is expected to rise further toward the next key resistance level 110.15 (which reversed multiple upward impulses form last month).
- GBPUSD reversed from strong support level 1.2665 - Likely to rise to resistance level…
- USDCAD broke resistance level 1.3950 - Likely to rise to resistance level 1.4050 USDCAD…
The US dollar has strengthened, reaching the upper boundary of its trading range. The British…
Cryptocurrencies continued to surge, pushing the total cap to $3 trillion. Bitcoin has gained nearly…
- USDJPY broke key resistance level 154.70 - Likely to rise to resistance level 157.20…
- USDJPY broke key resistance level 154.70 - Likely to rise to resistance level 157.20…
This website uses cookies
