CHFJPY - moving to the upside
we are looking for a long on CHFJPY, the reason for this is that we have seen consistent upward momentum on this pair alongside fundamental direction being to the upside with the JPY being the weakest currency for a few months now. at the moment we have seen a higher timeframe exhaustion and now buy pressure is coming back in, what we will wait for now is minor exhaustion and entry confirmation to place a trade to our next major level of sell pressure being our monthly zone.
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