Chart of the day CHFJPY

CHFJPY is retesting the broken downside resistance 

On the CHFJPY daily chart, we can see that the instrument is retesting the broken downside resistance 109 level . Look for the short trade entries on an ongoing rejection from here. A daily close above 109 is required for the upside reversal.
Note: look for the short trade entries with the stop loss above the 109 level

VHFJPY trading technical analysis

 

 

 

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