What happened? It looks like the decline in EUR/CHF to 1…
CHF/JPY reversed from resistance zone
2019-11-11 • Updated
- CHF/JPY reversed from resistance zone
- Next sell target -111.00
CHF/JPY recently reversed down from the resistance zone lying between the key resistance level 113.00 (which also reversed the price in March, as can be seen from the daily CHF/JPY chart below), resistance trendline of the daily up channel from May and the upper daily Bollinger Band. CHF/JPY is expected to fall further toward the next sell target at the next support level 111.00 (target for completion of wave 2).
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Hello again my friends, it’s time for another episode of “What to Trade,” this time, for the month of April. As usual, I present to you some of my most anticipated trade ideas for the month of April, according to my technical analysis style. I therefore encourage you to do your due diligence, as always, and manage your risks appropriately.
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