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CHFJPY analysis 21.08.2020

CHFJPY
The overall trend is upward. The currency pair is trading in the range of 365 and 135 moving averages. A start fractal has formed above the 135 moving average, then a correction (signal fractal) began. A breakout of the start fractal will result in the formation of an ascending 1-2-3 pattern within the overall uptrend.
CHFJPY rate online: monitor the price movement in real time.


Trading recommendations:

Buy above 116.58.

Stop Loss: 115.72.

Target level: 117.42.

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