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CHFJPY analysis 22.07.2020

22.07.2020

Market Review

CHYJPY

The resistance level of 114.65 is holding back the bulls. Awesome Oscillator indicates a bearish divergence, while Stochastic Oscillator indicator an overbought condition. At the moment, the ascending D1 level pattern and the internal pattern of the H2 level are truncated.

CHYJPY rate online: monitor the price movement in real time.

Trading recommendations:

Sell when a descending pattern is formed, where the wave (A) breaks through the inclined channel of the ascending H2 level pattern.

Stop Loss beyond the local maximum: 1147.65.

Target levels: 113.80; 113.00.

Author: admin
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