CHFJPY approaching resistance, potential drop!
CHFJPY is approaching our first resistance at 113.97 (Horizontal pullback resistance, 38.2% fibonacci retracement, 61.8% fibonacci extension) where a strong drop might occur pushing price down to our major support at 112.22 (horizontal swing low support, 76.4% fibonacci retracement).
Stochastic (34,5,3) is also approaching resistance and we might see a corresonding drop in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
Stochastic (34,5,3) is also approaching resistance and we might see a corresonding drop in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
This analysis is provided as general market commentary and does not constitute investment advice. Past performance is not indicative of future results
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This analysis is provided as general market commentary and does not constitute investment advice. Past performance is not indicative of future results
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。