DeGRAM | CHFJPY potential correction of downward movement

DeGRAM Updated   
FX:CHFJPY   Swiss Franc / Japanese Yen
CHFJPY failed to renew the recent low and is moving near the psychological level of 167.000.

The chart is forming a rounded bottom, which indicates an imminent reversal of the price direction.

We expect a correction of the price drop after the chart fixes the nearest level.


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