CHARTVIPER

Supports and resistances are primary concepts of technical analysis. CHF/JPY is heading for an important price of 168.3670 – read about what this could mean for the future.

CHF/JPY is on the approach
CHF/JPY is moving towards a resistance line. Because we have seen it retrace from this level in the past, we could see either a break through this line, or a rebound back to current levels. It has touched this line numerous times in the last 7 days and may test it again within the next 2 days.

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