FieryTrading

CHF/JPY Finally Broke The Wedge

Long
OANDA:CHFJPY   Franc suisse / Yen japonais
In earlier posts I made predictions of CHF/JPY following it's wedge. Both times I was correct, however it managed to break out of the multi-month wedge today, signaling a new bullish move upwards.

Consider Resistance 1 and Resistance 2 as potential areas of reversal, thus taking some profits there.

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