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DeGRAM | CHFJPY reached the resistance
Swiss Franc / Japanese Yen
Short
DeGRAM | CHFJPY reached the resistance
By DeGRAM
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Jun 5
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Jun 5
CHFJPY is moving between the trend lines in an ascending channel.
The price started to react to reaching the resistance level by decreasing.
The current resistance level at the last touch became a pivot point.
We expect a decline to the support, which coincides with the 50% retracement level.
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Chart Patterns
chfjpyanalysis
chfjpysignal
Support and Resistance
Trend Analysis
DeGRAM
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