CHF/JPY Analysis

Welcome back! Here's an analysis of this pair!

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** Overall, we are in favor of a long bias on this pair. Daily perspective shows CJ bounding between support at 122.45 zone and major resistance at 123.65 zone. A break above resistance would
set next targets at 124.45 zone and and 125.45 respectively.

Impulse wave on the weekly followed by rejective support at 618 fib makes us believe the Bulls will gain strength for continuation to the upside.

We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.

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Brian & Kenya Horton, BK Forex Academy