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CHFJPY: Important Bearish Breakout! (forecast)



🔻CHFJPY reached a major key daily resistance cluster yesterday.


On 4h the price was slowing down for quite a while within a rising parallel channel .

The last 4H candle broke and closed below its support.

The breakout is considered to be confirmed and it looks like sell wave is coming.


I would recommend looking for a retest entry for safety reasons.


Goals:

116.5

116.1

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