CHFJPY is neutral on its 1D technical outlook (RSI = 50.785, MACD = -0.360, ADX = 31.970) as the price action is ranged between the 1D MA50 and 1D MA200. The dominant pattern is a Channel Up however and with the price rebounding on the 1D MA200 (unbroken since March 29 2023) and the 1D MACD has formed a Bullish Cross, we expect the new HH leg to start. Our target is the R1 level (TP = 171.500).
## If you like our free content follow our profile to get more daily ideas. ##
## Comments and likes are greatly appreciated. ##
## If you like our free content follow our profile to get more daily ideas. ##
## Comments and likes are greatly appreciated. ##
Telegram: t.me/investingscope
www.investingscope.com
Over 65% accuracy on Private Signals Channel.
Over 15% return monthly on our Account Management Plan.
Account RECOVERY services.
Free Channel: t.me/investingscopeofficial
www.investingscope.com
Over 65% accuracy on Private Signals Channel.
Over 15% return monthly on our Account Management Plan.
Account RECOVERY services.
Free Channel: t.me/investingscopeofficial