Trading Idea - CHF/JPY, 30-09-2021 | IFCM UK
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Trading Idea - CHF/JPY, 30-09-2021

Trading Idea - CHF/JPY, 30-09-2021

Trading Signal: CHFJPY

OrderSell
DirectionBearish
PatternResistance Test
Interval4 hours
Length (Candles)2

Idea Summary


The short term CHFJPY price forecast is bearish. The CHFJPY price is trading with downward bias after retracing below the resistance line. Most likely the price will continue to decline while there is small likelihood it may reverse to test the Fibonacci 61.8 level.

Note:
This overview has an informative and tutorial character and is published for free. All the data, included in the overview, are received from public sources, recognized as more or less reliable. Moreover, there is no guarantee that the indicated information is full and precise. Overviews are not updated. The whole information in each overview, including opinion, indicators, charts and anything else, is provided only for familiarization purposes and is not financial advice or а recommendation. The whole text and its any part, as well as the charts cannot be considered as an offer to make a deal with any asset. IFC Markets and its employees under any circumstances are not liable for any action taken by someone else during or after reading the overview.

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