ForexCryptoA

CHFJPY Weekly Forex Forecast 1st October to 6th October

OANDA:CHFJPY   Swiss Franc / Japanese Yen
Midterm forecast:

114.70 is a major support, while this level is not broken, the Midterm wave will be uptrend.
Technical analysis:

While the RSI uptrend #1 is not broken, bullish wave in price would continue.
Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses.
Relative strength index ( RSI ) is 55.
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