FXCM

CHFJPY facing bullish pressure | 30 Apr 2021

Long
FX:CHFJPY   Swiss Franc / Japanese Yen
Prices are facing bullish pressure from pivot level in line with 61.8% Fibonacci retracement and 127.2% Fibonacci extension . Prices might push up towards 1st resistance in line with -27.2% Fibonacci retracement and 78.6% Fibonacci extension . If prices push down further, prices might take support from 1st support in line with 50% Fibonacci retracement . EMA is below prices, showing a bullish pressure for prices.

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