CHFJPY approaching major support, potential for a bounce
CHFJPY is approaching major support at 111.27 (Fibonacci retracement, Fibonacci extension, horizontal swing low support) where a major bounce could occur, pushing price all the way up to major resistance at 112.38 (Fibonacci retracement, Fibonacci extension).
Stochastic (89,5,3) is seeing major support above 3.9% where a corresponding bounce could occur.
Stochastic (89,5,3) is seeing major support above 3.9% where a corresponding bounce could occur.
This analysis is provided as general market commentary and does not constitute investment advice. Past performance is not indicative of future results
Feragatname
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