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CHFJPY Approaching Resistance, Potential Reversal

Par ICmarkets
Courtier
CHFJPY is approaching its resistance at 112.92 (100% Fibonacci extension, 50% Fibonacci retracement, horizontal pullback resistance) where it icould potentially reverse down to its support at 111.97 (horizontal overlap support).
Stochastic (55, 5, 3) is approaching its resistance at 93% where a corresponding reversal may occur.
Chart PatternschfCHFJPYchfjpylongchfjpyshortForexforexsignalforextradingHarmonic PatternsjpyTrend Analysis
ICmarkets
Courtier
IC Markets is an online forex broker specialized in providing transparent trading solutions to both retail and institutional investors alike. We provide superior execution technology, lower spreads and unrivaled liquidity.
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