Wave count and 100 Ema
The JPY/CHF has reached a vital area.
The pair is ending the month and approaching the 100 EMA. In previous sessions it failed to breakthrough.
Now we should watch out what price is going to do around this zone. Whether it will break it, providing opportunity to buy or it will consolidate and retrace back, providing opportunity to sell.
The wave count suggests the bearish rally to wave B
The pair is ending the month and approaching the 100 EMA. In previous sessions it failed to breakthrough.
Now we should watch out what price is going to do around this zone. Whether it will break it, providing opportunity to buy or it will consolidate and retrace back, providing opportunity to sell.
The wave count suggests the bearish rally to wave B
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.