As we suggested earlier, the daily chart of CHF/JPY is currently forming a rising wedge pattern.
It is yet to reach the supportive wedge line.
It is also in a bearish trend in 1-hour time frame and currently trading around the trendline and daily pivot.
As per our analysis,we expect the pair to be bearish for the day until daily support is reached.
It is yet to reach the supportive wedge line.
It is also in a bearish trend in 1-hour time frame and currently trading around the trendline and daily pivot.
As per our analysis,we expect the pair to be bearish for the day until daily support is reached.
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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.