CHFJPY approaching major support, potential for a bounce.
CHFJPY is approaching major support at 111.27 (Fibonacci retracement, Fibonacci extension, horizontal swing low support) where a major bounce could occur, pushing price all the way up to major resistance at 112.38 (Fibonacci retracement, Fibonacci extension).
Stochastic (89,5,3) is seeing major support above 3.9% where a corresponding bounce could occur.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
Stochastic (89,5,3) is seeing major support above 3.9% where a corresponding bounce could occur.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
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