We are observing a notable bearish reaction on a significant daily/intraday horizontal resistance level on CHFJPY.
Following a test of the highlighted blue area, the price started to consolidate, forming a horizontal range on a 4-hour timeframe.
The violation of this range's support level is an important signal of increased selling pressure.
Consequently, we anticipate a continued bearish trend, with a projected target of at least 189.66.
Following a test of the highlighted blue area, the price started to consolidate, forming a horizontal range on a 4-hour timeframe.
The violation of this range's support level is an important signal of increased selling pressure.
Consequently, we anticipate a continued bearish trend, with a projected target of at least 189.66.
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For daily market update 👇👇
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t.me/theacetradingbackup
For paid signal & Copy Trading💹👇👇👇
t.me/Ask_linofx1
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这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。