CHFJPY higher low zone broken and made -600 points

CHFJPY Analysis

CHFJPY has broken the higher low zone of the uptrend line.

The Buy signal has given at the higher low zone, due to the bounce back. But the market has broken the bottom level (higher low) zone of the uptrend line and reached the stop loss price.

The CHF is weaker in all the currency pairs where most of the CHF pairs broken the major resistance and support levels in the higher time frames.

Example: EURCHF and GBPCHF resistance breakout.

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