Mihai_Iacob

ChfJpy- To reverse from support?

Long
OANDA:CHFJPY   Swiss Franc / Japanese Yen
Like most Jpy pairs, November was a correction month also for ChfJpy(so far) and the pair dropped from its 125 recent high
An H&S pattern is pretty obvious on lower time frame charts, but in my opinion, this will not pay off.
A short dive under this H&S support is not out of the question, but in the medium term, my opinion is that we'll have a new leg up above 125

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