Bearish readings seen in the daily and hourly RSI momentum indicators have reinforced the weakening medium-term and short-term impulsive up moves of CHF/JPY. Watch the key short-term resistance at 169.65 for CHF/JPY. The major uptrend phase of the CHF/JPY has started to show signs of bullish exhaustion at this juncture which increases the risk of […]
The post CHF/JPY Technical: Bearish Elements Sighted Below the All-time High of 170.54 appeared first on Action Forex.
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