Bearish bias on CHFJPY 1 Hr
The pair has been bullish for the past two weeks. Given no real high impact economic news scheduled this coming week. Price has encountered some resistance at the 114.573 level. On the technicals there is divergence to bearish momentum on the AO. I am patiently anticipating a retrace to a lower high to confirm a break in structure and the new trend and then take up a short postion.
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