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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Join our Telegram channel
For daily market update 👇👇
t.me/TheAcetrading
Backup Channel👇👇
t.me/theacetradingbackup
For paid signal & Copy Trading💹👇👇👇
t.me/Ask_linofx1
For daily market update 👇👇
t.me/TheAcetrading
Backup Channel👇👇
t.me/theacetradingbackup
For paid signal & Copy Trading💹👇👇👇
t.me/Ask_linofx1
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.