FX618Analysis

CHFJPY Confined in A Weekly wedge. Awaits breakout Momentum!

FX:CHFJPY   Franco Suíço/Iene Japonês
The blue lines represents the support and resistance levels drawn from the monthly charts. If the price breakouts of the triangle in either direction the support or resistance levels next to them needs to be broken decisively in order for the technical aspects to be in our favour of the trade.

shall there be any updates i will post them in a new thread. this just represents my outlook and analysis on this pair. if the technical aspects of this trade meets, i will post the entry and exit details in a new thread. cheers
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