CHFJPY Daily Outlook
Had to change the chart type to the line chart because candlestick charts often distort highs and lows
Okay so Here CHFJPY Is trading inside a channel formed from the lows of APR 7 2017 and highs of SEP 30 2018 till date.
Currently CHFJPY hasnt reached the top of the channel and is range trading from 113.110 to 110.000
If The price breaks below the new ascending trendline it MAY head to lows
If the price manages to overcome the tough resistance at 114.490, we may see a little uptrend
Okay so Here CHFJPY Is trading inside a channel formed from the lows of APR 7 2017 and highs of SEP 30 2018 till date.
Currently CHFJPY hasnt reached the top of the channel and is range trading from 113.110 to 110.000
If The price breaks below the new ascending trendline it MAY head to lows
If the price manages to overcome the tough resistance at 114.490, we may see a little uptrend
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