CHFJPY approaching support, potential bounce!
CHFJPY is approaching our first support at 111.31 (horizontal overlap support, 38.2%, 61.8% fibonacci retracement, 100% fibonacci extension) which coincides with our long term ascending support line where a strong bounce might occur pushing price up to our major resistance at 113.11 (horizontal overlap resistance, 61.8% fibonacci extension).
Stochastic (89,5,3) is approaching support and a bounce off this level might see a corresponding rise in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
Stochastic (89,5,3) is approaching support and a bounce off this level might see a corresponding rise in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
Come join us today at : easymarkets.com/
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.