happy-investor

Range then downtrend longterm

FX:CHFJPY   Swiss Franc / Japanese Yen
In my technical analysis, I anticipate that the CHFJPY currency pair will see a range-bound movement within the grey area for a period of approximately 3 months as in June- September of 2022. This movement is expected until a clear break of the established support trendline is observed. Traders should be aware of this potential for consolidation and consider adjusting their positions accordingly.
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.