ForexRobotNation.com – Best Forex Robot & Expert Advisor Reviews Forex Robot, Expert Advisor CHF/JPY Long-Term Trend: Bullish
Key Resistance Levels: 174.316, 175.590, 176.893
Key Support Levels: 170.970, 169.238, 168.286
Daily Chart:
The price on the higher time frame has recently been in an uptrend. It bounced back after testing a support level of 166.574 The pair has continued to break a few resistance levels which suggests further trend continuation.
CHF/JPY Medium-Term Trend: Bullish
1-Hour Chart:
On the lower time frame, the pair is moving in the major trend’s direction. It broke a key level of 168.286 and has sustained above that. As of now the pair has broken and retested a minor level of 170.970 before continuing the momentum.
Signal Idea:
Buy Limit Order @ 172.510
TP @ 174.189
Stop Loss @ 170.824
Trade Safely 🙂
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