CHFJPY: Classic Bullish Accumulation & Breakout 🇨🇭🇯🇵

Long

Franc suisse / Yen japonais (OANDA:CHFJPY)

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OANDA:CHFJPY Franc suisse / Yen japonais

triangle supplyanddemand pivotpoints chfjpy forecast swissfranc chf trader technicalanalysis

From the end of November, CHFJPY was forming a classic bullish accumulation pattern:
the price was setting higher lows respecting the same highs and constituting a strong horizontal supply area.

During the NY session opening, the underlined blue resistance was finally broken.
Now I expect a bullish move to 124.45

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