Currency pair CHFJPY found resistance just below the trend line which is conducted from the top of the 11th of March. Current prices appeared after bouncing from major support at 114.26 that have worked well also as a resistance.

If you do not come to break and close above the resistance and the peaks that were reached tonight (115.44), it seems that the price should be aimed south. It is worth to be careful because of the strong momentum of growth, which led the currency pair CHFJPY to resistance.

0317-CHFJPY


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