瑞士法郎 / 日圓
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DeGRAM | CHFJPY potential sell after the retracement

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CHFJPY is decelerating at the resistance level. It created a double top.

The market essentially made a false breakout of the psychological level of 171.000.

The market created divergence on the 4-hourly chart, meaning we might see a sharp bearish move.

We expect a bearish move that could potentially breakout the ascending channel.


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