Daily Forex Update: CHF/JPY

От: Дима Chernovolov

CHF/JPY continues to fall inside the 4-hour Down Channel chart pattern which was previously identified by Autochartist. Autochartist rates the quality of this Down Channel at the 8-bar level – which is the result of the sharp Initial Trend (120 брусья), average Uniformity (5 брусья) and strong Clarity (8 брусья). CHF/JPY is expected to fall further inside this Down Channel – in line with the earlier downward reversal from the powerful resistance level shown below.


As can be seen from the daily CHF/JPY chart below, the price earlier reversed down from the powerful resistance level 112.30 (former multi-month support level which has been reversing the price from August of 2017, acting as resistance after it was broken earlier this month). The proximity of this resistance level heightens the probability CHF/JPY will continue to fall inside this Down Channel.


To subscribe to the e-mail alerts feature is quick and easy. Log into the Autochartist platform, click on ‘Alerts & Messaging’, enter your email address, select the market you want covered, select your language, and the time you want to get your report, and you’re done! You will now receive a quick morning technical outlook of the markets.


Для получения более подробной информации об этом и других продуктах Autochartist посетите www.autochartist.com

0 Нравится
1003 Просмотры

Вам также может понравиться

Leave A Comment

Please enter your name. Please enter an valid email address. Please enter message.


I accept the Privacy policy, Отказ от ответственности а также Conditions of this service

* = Обязательное поле