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Sublime_Trading
May 9, 2018 3:25 PM

The CHFJPY Pulling Back To 110 Short

Swiss Franc/Japanese YenFXCM

Description

We last posted on the CHFJPY on May 3rd when price had broken and closed below 110 and had continued to weaken further.

After a break of key support and resistance levels, expect price to pullback to retest them. This is currently what price is doing.

We now require a break and close below the current May low to suggest a trend continuation.

Patience needed for now.

Any comments or questions, do not hesitate to leave them below. Hit agree if you share our sentiments!

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