CHFJPY at a Key Resistance – Potential Bearish Move?
Ten days ago, CHFJPY tested a strong daily resistance zone—an area that has been challenged multiple times in the past, often triggering significant bearish moves.
There’s a good chance CHFJPY could start another major decline from this zone, especially after a brief correction near 174.00.
Key support levels where traders may take profits include 171.40, 168.50, and 166.50.
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Ten days ago, CHFJPY tested a strong daily resistance zone—an area that has been challenged multiple times in the past, often triggering significant bearish moves.
There’s a good chance CHFJPY could start another major decline from this zone, especially after a brief correction near 174.00.
Key support levels where traders may take profits include 171.40, 168.50, and 166.50.
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
✅MY Free Signals
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅YouTube
youtube.com/@TradingPuzzles
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅YouTube
youtube.com/@TradingPuzzles
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.
✅MY Free Signals
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅YouTube
youtube.com/@TradingPuzzles
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅YouTube
youtube.com/@TradingPuzzles
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.