CHFJPY at Key Support Level - Bullish Correction Ahead?

3 feb

CHFJPY has reached a key demand zone that has acted as a strong support level in the past. The overall context implies that buyers may take control at this level, leading to an upward move.

A bullish confirmation, such as rejection patterns, bullish engulfing candles, or long lower wicks, would strengthen the case for a rebound. If confirmed, the market may move upward toward the 170.94 level.

If you agree with this analysis or have additional insights, feel free to share your thoughts in the comments!

3 feb

Trade attivo

4 feb

Trade chiuso: obiettivo raggiunto

Take Profit Hit