CHFJPY is Currently Trading in a Falling Wedge
CHFJPY has been experiencing a bullish trend since January 2023. From 137.50, the price is going up. Last month, we saw that the high price of CHFJPY was 166.50, and after that, it has gone down. We have identified a pattern of falling wedge. Breaking the wedge resistance will result in a higher price, as we believe.
TP - 166.30
SL - Join Our Channel
TP - 166.30
SL - Join Our Channel
Trade fermée manuellement
The CHFJPY currency pair was initially expected to maintain its position within the support zone at 163.90. However, it exceeded this support level and experienced a further decline. As a result, our current prediction is that the price will continue to drop, potentially reaching 162.50.
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.