CHFJPY Approaching Resistance, Potential Reversal

CHFJPY is approaching its resistance at 110.37 (61.8% Fibonacci extension, 76.4% Fibonacci retracement, Horizontal swing low support) where it could potentially drop to its support at 109.81 (100% Fibonacci extension, Horizontal swing high resistance).
Stochastic (89, 5, 3) is approaching its resistance at 95% where a corresponding drop could occur.
Chart PatternschfCHFJPYchfjpylongchfjpyshortForexforexsignalforextradingHarmonic PatternsjpyTrend Analysis

IC Markets is an online forex broker specialized in providing transparent trading solutions to both retail and institutional investors alike. We provide superior execution technology, lower spreads and unrivaled liquidity.
Auch am:

Haftungsausschluss