CHFJPY – Jpy currency is showing weakness from previous days and
CHFJPY – Jpy currency is showing weakness from previous days and the trade might be continued by swiss currency.
Trend: Strong Buy
Support/Resistance:
R3: 111.497
R2: 110.800
R1: 110.169
S1: 109.779
S2: 109.384
Price action:
Buyers might continue move higer if buyers break resistance level at 110.169. If we hold above this level then price might see targets such as 110.800 level and higher at 111.497 level. If buyers would dismissed momentum then sellers target is at buyers support at 109.384.
Potencial trade idea:
Bulls targets:
T1: 110.800
T2: 111.497
Bears targets:
T2: 109.384
NOTE – We are trading CHFJPY via the preferred trading setups
ELITEFXACADEMY
Trend: Strong Buy
Support/Resistance:
R3: 111.497
R2: 110.800
R1: 110.169
S1: 109.779
S2: 109.384
Price action:
Buyers might continue move higer if buyers break resistance level at 110.169. If we hold above this level then price might see targets such as 110.800 level and higher at 111.497 level. If buyers would dismissed momentum then sellers target is at buyers support at 109.384.
Potencial trade idea:
Bulls targets:
T1: 110.800
T2: 111.497
Bears targets:
T2: 109.384
NOTE – We are trading CHFJPY via the preferred trading setups
ELITEFXACADEMY
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.