Technical analysis for trading/investing
Technical analysis for trading/investing
CHF/JPY | Currencies | Trend notes for 2021
The price is approaching key resistance between 117.70 – 118.60, rejection of the resistance will signal resumption of the bearish trend, which started with the leg down in June 2015. On the other hand, break above that resistance will be a major sentiment change and should push the price higher.
Monthly chart:
The price broke above key dynamic and horizontal resistance and is now within its 3rd…
The pair rejected strong support around 75.00 and started a bullish run. At the moment…
The pair broke above descending wedge on the monthly chart and broke above key resistance,…
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