CHFJPY Confined to Tight Range as Positive Momentum Wanes

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<p>CHFJPY consolidates after reaching all-time high Short-term bias looks neutral But downside risk if 50-day SMA doesn’t provide support CHFJPY has been drifting somewhat lower during September as the year-to-date uptrend lost its steam after reaching an all-time high of 166.57 on August 30. The short-term picture is neutral as the RSI has flatlined just […]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/technical-analysis/519345-chfjpy-confined-to-tight-range-as-positive-momentum-wanes/">CHFJPY Confined to Tight Range as Positive Momentum Wanes</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>

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