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CHFJPY testing support, potential rise!

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Franco svizzero / Yen giapponese (FX:CHFJPY)  
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FX:CHFJPY   Franco svizzero / Yen giapponese
Harmonic Patterns Trend Analysis Chart Patterns CHFJPY chf jpy chfjpylong chfjpyshort Forex forextrading forexsignals
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harmonicpatterns trendanalysis chartpattern chfjpy chf jpy chfjpylong chfjpyshort forex forextrading forexsignals
CHFJPY is testing our first support at 110.07 (horizontal swing low support, 61.8% Fibonacci retracement , 61.8% Fibonacci extension, Elliot wave structure) where price might potentially rise to its first resistance at 110.67 (horizontal overlap resistance, 38.2% Fibonacci retracement ).

Stochastic (55,5,3) is also approaching support and a bounce off this level might see further rise in price.

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