CHF/JPY may fall to 163.58 - 166.19
BY Trading Central
|Januari 14, 2025ST: the downside prevails as long as 175.80 is resistance
175.80 is our pivot point.
Our preference
The downside prevails as long as 175.80 is resistance.
Alternative scenario
The upside breakout of 175.80, would call for 180.20 and 182.82.
Comment
The RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 173.70 and 173.21).
Supports and resistances
182.82 **
180.20 *
175.80 **
174.07
171.98 last
166.19
163.58 **
160.97 *
158.36 **
Number of asterisks represents the strength of support and resistance levels.
© 2025 Trading Central. All Rights Reserved. The information contained herein: (1) is proprietary to Trading Central and/or its content providers; (2) may not be copied or distributed; (3) is not warranted to be accurate, complete or timely; and, (4) does not constitute advice or a recommendation by TIO Markets Ltd, Trading Central or its content providers in respect of the investment in financial instruments. Neither TIO Markets Ltd nor Trading Central nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.
Pricing, historical chart data and fundamental company data are provided by Morningstar Research Inc.
Technical Event® is a registered trademark of Trading Central.
Trading Central products and services are protected under U.S. Patent Nos.: 6,801,201; 7,469,226; 7,469,238; 7,835,966; and 7,853,506; and corresponding foreign patents.
Join us on social media
Related Posts
undefined