MtxTrader

CHFJPY Broken Resistance, Bullish to 111.00 Area,

Long
FX:CHFJPY   Swiss Franc / Japanese Yen
Last week, price broke through the resistance zone surrounding 108.65, retested it with Thursday's candle, and then went up. MY target for this long trade is 111.00, however I think it would still be reasonable to have a target up to 112.00. I'm just being on the safe side here.
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