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MGTRADES
Nov 6, 2017 12:33 AM

CHFJPY LONG Long

Swiss Franc/Japanese YenFXCM

Description

Price previously tested resistance level but failed to break, lead to a minor pull which also failed to firm a bearish continuation. Due to the candle stick spikes on the daily time frame trading right above Daily support, I am anticipating bullish momentum to drive price back up to the second resistance level. In addition to higher swing lows on both daily and 4HT time frame.
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