CHF/JPY in a Sharp Bullish Breakout

4H Consolidation: The 4H chart shows a market that has been consolidating. The 200-4H SMA has been sideways and price has been held under 107.56. In the 9/18 session we saw a bullish breakout until the 9/19 session, where it is finding some resistance at 109.4o, but it hasn’t retreated much. The CHF…

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CHF/JPY in a Sharp Bullish Breakout

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