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CHFJPY Falling Wedge

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Franc Swiss / Yen Jepun (FX:CHFJPY)  
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FX:CHFJPY   Franc Swiss / Yen Jepun
Trend Analysis Chart Patterns Technical Indicators Technical Analysis CHFJPY chfjpylong chfjpyanalysis LONG Falling Wedge
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trendanalysis chartpattern indicator technicalanalysis chfjpy chfjpylong chfjpyanalysis long fallingwedge
CHFJPY is forming a falling wedge (continuation pattern). A break of the resistive trendline has occurred, AND a retest of the resistive trendline is currently happening, lining up perfectly with the 61.8 Fib level. Bulls can enter long positions now, targeting the strong, daily resistance zone as a first target.

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