Were seeing some strong bullish movements on CHF/JPY - but everything comes to an end....
At the minute there is no sell opportunity on this pair, but the analysis shows my forecast for the coming days/week.
We have been in a strong daily downtrend for some weeks now, starting from around the 114.000 region. Price right now is pushing into 111.000 psychological level where I believe we will see buying pressure slow down. This will line up nicely in the 78% fib level.
Again, no current sell confirmations on this pair, we will look for entry spots when I believe price is ready to stop buying.
Like this post if you agree & ill check out your profile!!!!!!
At the minute there is no sell opportunity on this pair, but the analysis shows my forecast for the coming days/week.
We have been in a strong daily downtrend for some weeks now, starting from around the 114.000 region. Price right now is pushing into 111.000 psychological level where I believe we will see buying pressure slow down. This will line up nicely in the 78% fib level.
Again, no current sell confirmations on this pair, we will look for entry spots when I believe price is ready to stop buying.
Like this post if you agree & ill check out your profile!!!!!!