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Jan 17, 2024 11:08 AM

CHFJPY 

Swiss Franc/Japanese YenFXCM

Description

Is CHFJPY exhausting at strong resistance level?
As the price is been on high bull run but now it seems like price is lacking bullish momentum after reaching at resistance level and bearish divergence suggesting the sell pressure is about to start.
If the bears took control , the 1st target could be 170.40 followed by 169.
What you guys think of it?
Comments
MichaelJason
Retails may be exhausted but big money gonna scoop up all the upper liquidity at 176 before selling again. Short = rekt, I think
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