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CHFJPY approaching support, potential bounce!

805

CHFJPY is approaching our first support at 110.33 (horizontal overlap support, 61.8% fiboancci extension, 78.6% fibonacci retracement) where a strong bounce might occur above this level pushing price up to our major resistance at 110.89 (61.8% fiboancci extension, 50% fibonacci retracement).
Stochastic is approaching support as well.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
Tickmill
Corretora
This analysis is provided as general market commentary and does not constitute investment advice. Past performance is not indicative of future results
Também em:
Chart PatternschfCHFJPYchfjpylongchfjpyshortHarmonic PatternsTrend Analysis

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Chart PatternschfCHFJPYchfjpylongchfjpyshortHarmonic PatternsTrend Analysis
Tickmill
Corretora
This analysis is provided as general market commentary and does not constitute investment advice. Past performance is not indicative of future results
Também em:

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.