CHFJPY BEARISH REJECTION | Downside Continuation Setup

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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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Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.