Orion-Markets

CHFJPY has broken above downtrend resistance

Long
FX:CHFJPY   Swiss Franc / Japanese Yen
CHFJPY has broken the downward trend resistance, as predicted in previous post. After a re-test from the break and a further move to the upside, the pair has now posted a higher high and a higher low. The uptrend has now been confirmed. We are awaiting another test of the trend line before entering a further long position.

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