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Swiss Franc / Japanese Yen
Short

CHFJPY Bearish

By Trade_Point
Price formed a double top pattern on the daily time frame, which is a bearish reversal pattern. Digging down to 4H time frame we can see an ascending channel that approached the resistance level. After price broke out of the channel it is now pulling back at the 50.0% fibonacci level and forming a lower high to confirm the downtrend.
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