CHF/JPY failed to beat it's summer high of 117.7, leading to a massive decline in value.
Not only did the resistance hold strong, the RSI showed bearish divergence as well, making the decline even more powerful.
Combine all of this with the terrible Brexit news, and we can expect a strong decline of CHF in the nearby future.
Im considering Support 1 and Support 2 as the main targets in the nearby future, feel free to do your own DD.
Not only did the resistance hold strong, the RSI showed bearish divergence as well, making the decline even more powerful.
Combine all of this with the terrible Brexit news, and we can expect a strong decline of CHF in the nearby future.
Im considering Support 1 and Support 2 as the main targets in the nearby future, feel free to do your own DD.
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