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CHFJPY Approaching Resistance, Potential Reversal

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Franc Swiss / Yen Jepang (FX:CHFJPY)  
ICmarkets Broker  
FX:CHFJPY   Franc Swiss / Yen Jepang
Trend Analysis Harmonic Patterns Chart Patterns CHFJPY chf jpy CAD aud NZD EUR GBP
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trendanalysis harmonicpatterns chartpattern chfjpy chf jpy cad aud nzd eur gbp
CHFJPY is approaching its resistance at 111.32 (76.4% & 61.8% Fibonacci retracement, horizontal overlap resistance) where it could potentially reverse down to its support at 109.45 (38.2% Fibonacci retracement, horizontal swing low support).

Stochastic (55, 5, 3) is approaching its resistance at 96% where a corresponding reversal could occur.
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