Superstarsony_05

CHFJPY TO CREATE NEW HIGHS

Long
Superstarsony_05 Updated   
FX:CHFJPY   Swiss Franc / Japanese Yen
All timeframes proves bullish and I expect price to retrace to 144.000 support zone before sailing to 147.540
Comment:
Price on Friday was showing bearish move to the support zone, so we might see price get there on Tuesday.
Comment:
on Friday price started to come bearish retracing the support zone I spotted at the 143.961 zone, and when price gets there I expect rejection on support zone and 200EMA/50EMA and head to the yearly high which is 147.610.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.