The price of CHFJPY in heading in the direction of 173.4600. Despite the recent breakout through 174.3430 it is possible that it will struggle to gain momentum to the forecast price and move back in the other direction. This has happened many times in the past so watch for a possible bounce back.
ARTÍCULOS RELACIONADOS
USDCHF formed a Channel Down on the 4 hour chart. Retest of resistance in sight.
A Channel Down pattern was identified on USDCHF at 0.78923, creating an expectation that it may move to…
EURCAD likely to test 1.6205 in the near future. Where to next?
EURCAD is approaching a support line at 1.6205. If it hits the support line, it may break through…
EURJPY is approaching a resistance line of a Channel Up. It has touched this line numerous times in the last 8 days.
Emerging Channel Up pattern in its final wave was identified on the EURJPY 1 hour chart. After a…