The daily chart of CHF/JPY has formed a bearish flag pattern.
The pair has broken out of the flag pattern and is currently retesting it.
Similarly the RSI has also broken out from a ascending channel.
Hence we expect the pair to be bearish and the selling pressure to intensify further.
The pair has broken out of the flag pattern and is currently retesting it.
Similarly the RSI has also broken out from a ascending channel.
Hence we expect the pair to be bearish and the selling pressure to intensify further.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.