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CHF/JPY Wave analysis

Long
FX:CHFJPY   Swiss Franc / Japanese Yen
The counter is currently in a corrective structure - ABC wave.
It has completed the waves - A and B in the WXY form and the wave C is due.
The support of 106.667 has been critical support historically and the RSI indicator is also exhibiting divergence.
Hence, we expect the move north from here.

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