CHFJPY: Inverted head & shoulders at weekly support

11. Juni 2018

This h&s on the daily chart which formed at a weekly support level has nearly completed. Once completed, i'll be looking to the 4 hour chart to more accurately place an entry. The most obvious target which is the next resistance level will be at 113.00. The market has also been consolidating at the neckline meaning the selling momentum is dying down.

YEARN-FOREX