Swiss Franc / Japanese Yen
Long
Updated

CHF/JPY

CHF/JPY currently struggling to break monthly resistance and could easily reject to the downside. If this pair will manage to break this structure on a daily timeframe I'll be monitoring it from a 4h timeframe on the retest for the long and completion of it's monthly pattern and targets around 118.830 area.
Order cancelled
Unfortunately this pair has rejected to the downside like we expected. Will make a new analysis on how we can capitalize on the next move.

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