Razvan

CHFJPY Diamond top

Short
FX:CHFJPY   Swiss Franc / Japanese Yen
272 views
2
We can see on this chart a diamond top formation (second if we look on the impulse of the rising trend) right at the resistance line. This is also accompanied by the negative divergence on the RSI . Breaking the diamond, would mean a fall of the CHF to the 81.352 level. From here it would be interesting to watch the price action, a continuation of the fall would mean a test of the 81.0 level.

Comments