CHFJPY BEARISH REJECTION | Downside Continuation Setup
CHFJPY is showing strong bearish rejection on the 3-hour timeframe after failing to sustain above key resistance. The price has formed a structural pivot lower, confirming sellers are defending the zone. If bearish momentum continues, the pair is likely to extend toward the projected downside targets in the coming sessions.
· 🟢 1st Downside Target : 198.972
· 🟢 2nd Downside Target : 197.283
· 🔴 Resistance Zone : 200.346 – 200.384
Live Headlines
· Swiss Franc Strengthens Against Yen – CHFJPY extends decline as safe-haven demand supports the franc amid risk-off sentiment.
⚠️ Disclaimer : This analysis is for educational purposes only
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CHFJPY is showing strong bearish rejection on the 3-hour timeframe after failing to sustain above key resistance. The price has formed a structural pivot lower, confirming sellers are defending the zone. If bearish momentum continues, the pair is likely to extend toward the projected downside targets in the coming sessions.
· 🟢 1st Downside Target : 198.972
· 🟢 2nd Downside Target : 197.283
· 🔴 Resistance Zone : 200.346 – 200.384
Live Headlines
· Swiss Franc Strengthens Against Yen – CHFJPY extends decline as safe-haven demand supports the franc amid risk-off sentiment.
⚠️ Disclaimer : This analysis is for educational purposes only
Support the idea
Boost | Comment | Share |
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Publicaciones relacionadas
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.