Due to the Yen's weakness during NFP week, all base currencies were quite bullish. I believe the narrative will continue for the most part next week. Including, the CHFJPY. The 4hr chart shows a simple ABCD pattern forming and the ascending channel seems to be respected thus far. I am waiting for the pair to reject the 50 or 61.8 level for a buy opportunity for around 70-100 pips to the upside.
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