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CHFJPY signals a bullish move – Forecast today – 3-11-2026
The pair resisted bearish pressure, supported by the strength of the support level at 189.25. It has recently formed several bullish waves, allowing it to stabilize above the resistance barrier at 192.30 and record further gains, currently trading near 192.90.
The price needs to post another positive close above the breached resistance level to strengthen the chances of resuming its bullish advance. We expect further gains in the near term, with the pair potentially moving toward 193.75, followed by the 55-period moving average currently near 194.40.
The expected trading range for today is between 192.25 and 193.75
Trend forecast: Bullish
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