The CHFJPY Pulling Back To 110
Swiss Franc/Japanese Yen FX:CHFJPY
We last posted on the CHFJPY on May 3rd when price had broken and closed below 110 and had continued to weaken further.
After a break of key support and resistance levels, expect price to pullback to retest them. This is currently what price is doing.
We now require a break and close below the current May low to suggest a trend continuation.
Patience needed for now.
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