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Orion-Markets

CHFJPY posts higher low as it bounces off historic lows

Long
Swiss Franc / Japanese Yen (FX:CHFJPY)  
Orion-Markets  
FX:CHFJPY   Swiss Franc / Japanese Yen
Trend Analysis Technical Indicators trading CHFJPY breakout Forex Currencies
4
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trendanalysis indicator trading chfjpy breakout forex currencies
CHFJPY appears to be losing momentum. The pair has bounced off historic levels and now posted a higher low. We now look towards 108.700 area, trendline and horizontal resistance. We are looking for a break and retest of this area before looking for a move to the upside.
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