Mon, 25 Nov 2013 14:31:47 GMT
CHF/JPY 1H Chart: Rising Wedge
CHF/JPY is renewing historic high, which is currently located at 112.15, around 60 pips above the current market price. Actually, the pair is moving is an uptrend for more than a year, and even though it might seems that a period of consolidation is required, technical indicators are suggesting further appreciation. Despite strong bullish outlook, bears managed to penetrate