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 166.508.
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I stand by my prediction and my idea is confirmed by the fact that the pair is moving towards the target!
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