瑞士法郎 / 日圓
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CHF/JPY BEARS ARE STRONG HERE|SHORT

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Hello, Friends!

The BB upper band is nearby so CHF-JPY is in the overbought territory. Thus, despite the uptrend on the 1W timeframe I think that we will see a bearish reaction from the resistance line above and a move down towards the target at around 169.610.

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