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CHF/JPY Trading Analysis (06/12/2023)

06.12.2023

Market Review

The trend is ascending. The downward truncated wave structure is finished with the breach of the sloping channel. There is a bullish divergence on the Awesome Oscillator.
 

CHF/JPY chart as of 06/12/2023 with technical indicators

Trading idea:

Buy at the breach of 168.44.

Stop-Loss at 167.71.

Target price levels are 169.18 and 170.07.

#chfjpy #forex #forextrading #tradersroom #daytradingpatterns #forexexpertadvisor

Author: GC
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