CHF/JPY reversed from resistance zone
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- CHF/JPY reversed from resistance zone
- Next sell target -111.00
CHF/JPY recently reversed down from the resistance zone lying between the key resistance level 113.00 (which also reversed the price in March, as can be seen from the daily CHF/JPY chart below), resistance trendline of the daily up channel from May and the upper daily Bollinger Band. CHF/JPY is expected to fall further toward the next sell target at the next support level 111.00 (target for completion of wave 2).
