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DecisionBarTrading
Aug 7, 2013 12:15 PM

Possible Breakdown for CHFJPY Short

Swiss Franc/Japanese YenFXCM

Description

CHF/JPY has dropped below support on the 4 hour chart and is now retesting that support, which may now act as resistance. Should resistance hold, DecisionBar Trading Software will issue a Breakdown signal and look for another leg downward. Additional support will likely be encountered at104 and then 103.
Comments
DecisionBarTrading
Initial price target was reached.
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