CHFJPY SHORT
Price has broken support and is currently retesting it as resistance. I'm waiting for bearish price action around this area, ideally a pin bar/clean rejection of resistance. If price breaks this area of support turned to resistance then I will look for price to reject the strong bearish trend-line formed on the Hourly chart. I am looking for the price to break the next line of support and form a lower-low which will indicate a clear downtrend.
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