CHFJPY

CHFJPY

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For the past one month CHFJPY pair is trading in a narrow range of around 100 pips

We can expect the breakout as its further narrowing the channel

Suitable short positions may open at this level 112.500 which is also a 23.6% Fibonacci

And the potential take profit will be 110.500

Stop lose may placed above the top side resistance level which is 113.050

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CHFJPY
is now running with +30 pips..and move your SL in to our entry point