CHFJPY Faces Rejection at 0.618 Arc; 195.80 in Focus
CHFJPY is losing bullish momentum near the 0.618 resistance arc on the 1-hour chart, with the pair potentially targeting 195.80.
CHFJPY
CHFJPY is interacting with the 0.618 Resistance Arc within the current Arc Cycle on the 1-hour chart. Bullish momentum has faded near this boundary.
The upper Arc continues to limit upside, so the pair may face a decline toward 195.80.
Source: FXStreet Forex News