Hello, everybody and welcome to BIGPAPA Forex, today we are going to be analyzing the CHFJPY pair, translating the market information by using a full technical analysis on different time frames, giving you a personal opinion about the next most likely market movement and helping you to spot and manage market opportunities
As we can see from the chart we have a good and strong resistance levels at 1678 and 1760 which has been rejected few times this levels, we have also a strong support line at 1830, which has been rejected three times, usd is strong due to NFP of few weeks ago so it seems to be a strong sell but is better to wait gold that reach one of the level on the chart to see...
The price did not reach the bottom. An attempt to break through the upper border of the channel, the zone behind the level is quite difficult and will not work the first time, I think that the price will make a false breakdown of the flat border and roll back to the level. Target - support 0.859
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My past forecasts on EURGBP 👩💻
№1EURGBP +41p✅
№2EURGBP...
