• CHFJPY reversed from resistance area
• Likely to fall to support level 119.00
CHFJPY currency pair recently reversed down from the resistance area lying between the resistance level 121.00 intersecting with the 50% Fibonacci correction of the downward impulse (c) from the middle of June.
The downward reversal from this resistance area created the daily candlesticks reversal pattern Evening Star.
CHFJPY can be expected to fall further toward the next support level 119.00 (low of the previous ABC correction 2).
Market picture The crypto market has lost 3.3% in the last 24 hours to $2.3…
- USDJPY broke key resistance level 155.00 - Likely to rise to resistance level 160.00…
- Ebay reversed from support level 49.35 - Likely to rise to resistance level 52.55…
Even though the Bank of Japan left the key rate and parameters of the QE…
Market picture Market Dynamics: The cryptocurrency market stabilised, losing just 0.1% of capitalisation and dropping to…
- GBPCAD reversed from key support level 1.6910 - Likely to rise to resistance level…
This website uses cookies
