CHF/JPY BUYERS WILL DOMINATE THE MARKET|LONG

5 במאי 2023

Hello,Friends!

CHF/JPY pair is trading in a local downtrend which we know by looking at the previous 1W candle which is red. On the 4H timeframe the pair is going down too. The pair is oversold because the price is close to the lower band of the BB indicator. So we are looking to buy the pair with the lower BB line acting as support. The next target is 152.352 area.

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