The CHFJPY builds minor bullish channel – Analysis – 5-6-2023

Economies.com
3 months ago

The CHFJPY pair formed minor bullish channel recently, to notice its stability above 153.00 support line and record some gains by touching 154.10.

 

Also, the consolidation of the MA55 near the major support confirms blocking trades within the bullish track, to keep waiting to gather the additional positive momentum to ease the mission of achieving additional gains that might start at 154.70 and 155.30.

 

Advertistment

The expected trading range for today is between 153.60 and 154.70

 

The expected trend for today: Bullish

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