Analytics & Forecasts

#CHFJPY: Strong Confirmation After Pullback

20 May 2026, 11:30
Kestutis Balciunas
Kestutis Balciunas
0
17

#CHFJPY: Strong Confirmation After Pullback 🇨🇭🇯🇵

📈CHFJPY retraced deeply, reaching a strong intraday horizontal support yesterday.

This morning, the price formed an inverted head & shoulders pattern on that.
I see a confirmed breakout of its neckline.

It indicates a highly probable pullback at least to 201.62
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1H time frame

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#CHFJPY