FxWirePro
Short

CHF/JPY breaks trend line support,decline till 120 is possible

FX:CHFJPY   Swiss Franc / Japanese Yen
184 1 6
CHF/JPY             has broken trend line support around 122.40 ( trend line joining 119.89 and 122.07) and declined till 121.93.

Short term trend is bearish as long as resistance 123 holds.

The pair’s major support is around 121.90 and break below will drag the pair till 121/120 in short term.

The break of 123 will confirm minor trend reversal a jump till 123.50/124 is possible .

It is good to sell on rallies around 122-122.10 with SL around 123 for the TP of 120
Done !
Reply
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out