Trading suggestion:
". There is still a possibility of temporary retracement to the suggested resistance line (125.43).
if so, traders can set orders based on Price Action and expect to reach short-term targets."

Technical analysis:
. CHFJPY is in a range bound, and the beginning of a downtrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 25.

Take Profits:
TP1= @ 124. 01
TP2= @ 123.59
TP3= @ 122.79
TP4= @ 122.32
TP5= @ 121.50

SL: Break Above R2

โค๏ธ If you find this helpful and want more FREE forecasts in TradingView

. . . . . Please show your support back,
. . . . . . . . Hit the ๐Ÿ‘ LIKE button,
. . . . . . . . . . . Drop some feedback below in the comment!

โค๏ธ Your Support is very much ๐Ÿ™ appreciated!โค๏ธ
๐Ÿ’Ž Want us to help you become a better Forex / Crypto trader?

Now, It's your turn!
Be sure to leave a comment; let us know how you see this opportunity and forecast.

Trade well, โค๏ธ
ForecastCity English Support Team โค๏ธ
Chart PatternschfCHFJPYTechnical IndicatorsjpyTrend Analysis

ื’ื ืขืœ:

ืคืจืกื•ืžื™ื ืงืฉื•ืจื™ื

ื›ืชื‘ ื•ื™ืชื•ืจ