CHF/JPY - trade to the upside
we know that the JPY is seeing weakness due to our fundamental analysis and we have seen continued moves to the upside on the higher timeframe, that's why we are looking for a long on CHF/JPY. we have seen a break of our 4h zone and now seen exhaustion and buy pressure coming in at multiple levels, we also see that price is also creating a lower timeframe downtrend, so in order for this trade to become valid we need to see buy pressure break those lows to the upside before we look for entry confirmation.
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