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Wait for triangle formation...


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The CHF/JPY continues upwards towards the Pivot point, if it breaks below this is bearish. The entry point is confirmed once the triangle formation is broken. Alternatively, if it continues above the central pivot, R1 120.57 and R2 120.80. We wait.

 
 
 

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Trading foreign currencies can be a challenging and potentially profitable opportunity for investors. However, before deciding to participate in the Forex market, you should carefully consider your investment objectives, level of experience, and risk appetite. Most importantly, do not invest money you cannot afford to lose. All information is for educational purposes.

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