Simphiwe-Mabaso

Chfjpy Technical analysis: Monitor

OANDA:CHFJPY   Franc Swiss / Yen Jepun
I will be monitoring this pair since it's approaching the bull trendline as I believe this trend is not over as yet. The key scenario here would be looking for rejection on the trendline itself before committing for a long trade as anticipated. also we can see Elliot wave consolidation channel is at play currently but about to end soon. Sometime later this week we should be getting signals for longs here.

Penafian

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