DeGRAM

CHFJPY growth between two strong levels

Panjang
FOREXCOM:CHFJPY   Franc Swiss / Yen Jepun
The price is in the zone between two historically strong levels.
It got into this zone after breaking through the 116.195 support level.
This happened in early December last year.
The larger TF shows that the price has already "got stuck" several times in the zone between levels.
There was a serious breakdown from 2014 to 2016.
Recently, the price touched the resistance level 117.914 and started to fall.
I expect the price to complete the decline and touch the support level of 116.195.
Then it will rise again to resistance.
The target is 117.914.

--------------------
Share your opinion in the comments and support the idea with likes.
Thank you for your support!

🚀TOP 1 broker🚀
bit.ly/3spSQqC
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
🔻Contact for Paid SIGNALS🔻
t.me/DeGRAMForex
Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.