Yenpair
CHF/JPY H1 and M15 Analysis (Technical)In this example, if we see a Higher High and Higher Low on the M15 we can expect the price to continue to the upside. If it shows a Lower High and Lower Low on M15, you can consider shorting a position and take profit on some of the support and resistance lines/zones I have drawn. As we can see, the price is currently in the major resistance zone. Do your own due diligence!
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CHFJPY Take Profit Level at 114.409CHFJPY Entry Level at the price intersection of EMA 10, EMA 20, diagonal support resistance, horizontal support resistance and vertical line at June 24 2020.
Great risk reward on yen pairsNZDJPY showing great technical indicators of a 5-year trend line being touched as resistance and coming down from there.
What do you think?
GBPJPY SHORT LOW RISK HIGH REWARDGBPJPY sitting at strong resistance level, awaiting breakout towards bottom support.
TP1: 143.585
TP2: 142.58
TP3: 141.7
SL: 144.864
