Home / CHF / FxWirePro: CHF/JPY trades above 10- day MA, jump till 110 likely

FxWirePro: CHF/JPY trades above 10- day MA, jump till 110 likely

CHFJPY formed a bottom at 107.84 and jumped from that level. The pair has broken major resistance 10 –day MA at 109.15 and jumped till 109.42 at the time of writing. It is currently trading around 109.19. The pair is the oversold territory (RSI –around …