The current outlook for CHFJPY suggests a bearish bias. This potential decline is supported by the formation of a double top chart pattern, as well as a swing high that reinforces the bearish momentum. Additionally, the trendline reversal to the downside provides further confirmation of potential weakness.
Trading Recommendation:
- Sell CHFJPY
- Entry: 185.150
- Take Profit: 184.596
- Stoploss: 185.564
*DISCLAIMER: All content in daily forex news is informative. PT. Maxco Futures does not guarantee its accuracy and completeness. The company is not responsible for investment losses due to the use of the information contained.
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