CHF/JPY 93.97
RISK OF PENETRATING THE 6 MONTH OLD BULL TRENDLINE...
This pair looking weakness and possible it might penetrate the 6 month old bull trend line which formed from the low of 89.88 and 93.16 and at the same time it formed the Symetrical Triangle and at anytime i'm going to see the completing the Triangle pattern. If i take the extreme points of 95.70 and the 93.16 levels then i view it'll make consolidation at these levels.
RISK OF PENETRATING THE 6 MONTH OLD BULL TRENDLINE...
This pair looking weakness and possible it might penetrate the 6 month old bull trend line which formed from the low of 89.88 and 93.16 and at the same time it formed the Symetrical Triangle and at anytime i'm going to see the completing the Triangle pattern. If i take the extreme points of 95.70 and the 93.16 levels then i view it'll make consolidation at these levels.
posted by Naveen Pantera at 6:17 PM
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