- CHFJPY Technical Strategy: Bullish
- Support: 127.40, 124.58, 121.93
- Resistance: 131.10, 134.27, 136.20
The CHFJPY is trading in and very well be in it's momentum. Break of its of 127.40 will expose next at 124..58 Alternatively, move above the 131.10 will test next at 134.27
Elliottwave perspective we are supporting momentum for long term, and predicting that we are in third of third wave of wave C.
We were long from 129.09 level with having stop loss at 127.55 for targeting above 151.50. We will close our first half on 151.50 and leave other half for gain more profit. To receive instance trade update and analysis, please subscribe us on twitter handle @hoagtrading.