{"id":13305,"date":"2010-09-24T10:40:30","date_gmt":"2010-09-24T14:40:30","guid":{"rendered":"http:\/\/countingpips.com\/fx\/?p=13305"},"modified":"2010-09-24T10:40:30","modified_gmt":"2010-09-24T14:40:30","slug":"swiss-franc-pausing-before-making-another-move-north","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/fx\/2010\/09\/24\/swiss-franc-pausing-before-making-another-move-north\/","title":{"rendered":"Swiss Franc, Pausing Before Making Another Move North?"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/www.laidtrades.com\/wp-content\/uploads\/2010\/09\/091810chfjpy.png\" alt=\"CHFJPY september 2010, swiss franc, swissy, japanese yen, fx, forex, forex market, forex trading, daily forex picks, forex forecast, forex analysis\" width=\"551\" height=\"312\" \/><\/p>\n<p>Hiyo FX friends! Here\u2019s my short and sweet technical view on the CHFJPY  pair. As you can see from its daily chart, the pair has broken out from a  rare inverted head and shoulders continuation pattern. You see, an  inverted head and shoulders pattern is generally a bullish reversal  pattern although it can occur as a continuation from time to time as in  this case. In any case, the upside target for the pair, judging by the  height of the pattern and projecting it from the point of breakout,  would be somewhere below 88.00. Sustained buying interest could push it  over to that marker. At present, though, the pair\u2019s move up north could  take a halt given its overbought condition. Given this, it is possible  for the pair to range or even retrace for awhile. If ever it weakens,  the neckline of the previous formation should keep it afloat. Still, I  could more or less say that things are looking up for the Swiss franc in  the near term. Long Swiss franc anyone?<\/p>\n<p>More on <span style=\"text-decoration: underline;\"><a href=\"http:\/\/www.laidtrades.com\/\">LaidTrades.com<\/a> &#8230;<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Hiyo FX friends! Here\u2019s my short and sweet technical view on the CHFJPY pair. As you can see from its daily chart, the pair has broken out from a rare inverted head and shoulders continuation pattern. You see, an inverted head and shoulders pattern is generally a bullish reversal pattern although it can occur as &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.investmacro.com\/fx\/2010\/09\/24\/swiss-franc-pausing-before-making-another-move-north\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Swiss Franc, Pausing Before Making Another Move North?&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-13305","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/13305","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/comments?post=13305"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/13305\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/media?parent=13305"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/categories?post=13305"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/tags?post=13305"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}