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linofx1
Apr 15, 2024 2:46 PM

CHFJPY: Important Breakout Long

Swiss Franc/Japanese YenFXCM

Description

CHFJPY successfully broke above the neckline of a flat top triangle pattern on a 4-hour chart and closed above it.

This signals the strength of the buyers and suggests a possible return to a bullish trend. The next targets for buyers are 169.33 and 170.03.
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