Pika7993

Technical buy analysis off support

Long
FX:CHFJPY   Swiss Franc / Japanese Yen
This is an analysis based of the strong support we are finding at 116.900.

Macd/Signal crossing 0 line will give us momentum for a breakout pivot. In return RSI will make a sharp turn out of sideways motion to breach overbought zone.

A break and continuation below this key support will trigger stop loss.

Please comment with thoughts and ideas. Thank you.

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