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Dec 19, 2014

02:57 AM EDT


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Home » Technical Analysis » Daily » CHFJPY » Breakouts Following Through in USD/CHF, EUR/CHF, GBP/CHF, CHF/JPY

Breakouts Following Through in USD/CHF, EUR/CHF, GBP/CHF, CHF/JPY

Forex Video Technical Update

The Swissie continues to shed strength, and in an aggressive manner. We saw consolidation and congestion patterns break at the end of last week, and price action is following through to start this week. Let’s take a look at the breakouts in the USD/CHF, EUR/CHF, GBP/CHF and CHF/JPY charts.

[ytplayer source=”ZRBLbxEUR3s” width=”676″ height=”390″]

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Fan Yang CMT
Chief Technical Strategist
FXTimes

Information and opinions contained in this report are for educational purposes only and do not constitute an investment advice. While the information contained herein was obtained from sources believed to be reliable, author does not guarantee its accuracy or completeness. FXTimes will not accept liability for any loss of profit or damage which may arise directly, indirectly or consequently from use of or reliance on the trading set-ups or any accompanying chart analysis.

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