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CHFJPY: Important Breakout🇨🇭🇯🇵

Long
Swiss Franc / Japanese Yen (OANDA:CHFJPY)  
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OANDA:CHFJPY   Swiss Franc / Japanese Yen
Elliott Wave Candlestick Analysis Supply and Demand CHFJPY swissfranc jpy yen japaneseyen chf trading forecast Contains image
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elliottwaves candlestick supplyanddemand chfjpy swissfranc jpy yen japaneseyen chf trading forecast containsimage
snapshot

CHFJPY is trading in a long-term bullish trend.
Last week, the price managed to violate a key weekly resistance cluster 148.0 - 151.5.
The broken structure turned into a demand zone now.

The pair is currently retesting the broken structure.
I will expect the accumulation of buying volumes within that and a bullish continuation to 156.1.


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