Daily CHF/JPY analysis shows that bullish trend reached a zone of resistance and started oscillating round this zone. Furthermore, 4H analysis is showing price to be consolidating as well around this key level, and now following a bearish channel currently reaching the upper part of this channel. Volume and momentum seem to also be diminishing as price reaches channels resistance.
Breakout probabilities are still a factor to consider as the market has not shown any clear signal. Nevertheless is still quite a setup to keep an eye on.
Breakout probabilities are still a factor to consider as the market has not shown any clear signal. Nevertheless is still quite a setup to keep an eye on.
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Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.