CHF/JPY broke powerful resistance level 113.00

CHF/JPY broke powerful resistance level 113.00

2019-11-11 • Updated

  • CHF/JPY broke powerful resistance level 113.00
  • Next buy target - 114.00

CHF/JPY today broke through the powerful resistance level 113.00 (which has been reversing the price from March, as can be seen below). The breakout of the resistance level 113.00 – which should accelerate the active impulse wave 3 of the intermediate impulse wave (3) from last week. CHF/JPY is expected to rise further toward the next buy target at the next resistance level 114.00.


USD/CHF: approaching the bottom?
USD/CHF: approaching the bottom?

The US Dollar has been losing value against the Swiss franc for more than a month now. Let's examine where it might be going.

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