The CHFJPY needs new momentum – Analysis – 28-6-2022

Economies.com
2022-06-28 05:22AM UTC

The CHFJPY pair achieved many positive gains recently by reaching 141.92, while the positivity is caused by the consolidation above the breached resistance at 139.20, to form the major support against the bullish attempts now.

 

We assure the importance of gathering the additional positive momentum to assist to block trades above 140.40 level, to ease the mission of surpassing 142.35 obstacle and open the way to record more gains by moving towards 143.40 and 144.60 levels.

 

The expected trading range for today is between 140.40 and 142.35

 

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The expected trend for today: Bullish

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