CHFJPY: Trying to Bottom

After completing a retest of the mid-channel support, mentioned in my earlier analysis (tradingview.com/v/OGuGhuZB/), the pair rebounded of the mid-channel support and could be forming an inverted head and shoulders pattern, however a break above the neckline of the pattern near 115.90 is required now to signal a potential move higher within the context of the long term bullish channel, first target could be at the recent major high at 119.15.

twitter.com/thefxchannel
thefxchannel.com

Disclaimer