DeGRAM

DeGRAM | CHFJPY massive divergence. Selling opportunity

Short
FX:CHFJPY   Swiss Franc / Japanese Yen
CHFJPY broke out of the descending channel and reached a strong resistance level.

The market is getting close to the kill zone, which includes psychological level 166.000, dynamic resistance as well as fibo level, and a massive divergence.

The price is likely to rebound from resistance and retest the support level .


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