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traderpulse
Jul 13, 2018 5:55 AM

CHF/JPY Analysis Short

FX:CHFJPY1D
Swiss Franc/Japanese YenFXCM

Description

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The day chart of CHF/JPY has formed a rising wedge pattern.
It has formed in a downtrend which implies that the pair is very weak.
Also the pair has formed a shooting star candle. Hence as per our analysis,we expect the pair to be bearish.
Trend AnalysisChart PatternsCHFJPYchfjpysellpriceaction
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