MihaiMl

CHF JPY preparing for another strong downwards momentum.

Short
FX:CHFJPY   Swiss Franc / Japanese Yen
CHF JPY seems to lose momentum, it is ready for another strong downwards push. If the current model is respected, it should break the previous 116 - 118 channel, at least until around the 115 area, after which a small correction is expected and then another push. Right now, we just have to wait and see what FIB level will give a nice shift.
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