CHFJPY Symmetrical Triangle - Bullish or Bearish Breakout Ahead
CHFJPY is currently forming a Symmetrical Triangle pattern, with price moving between higher lows and lower highs. This indicates market indecision as the buying and selling pressures are in balance. As the pattern continues to tighten, we can expect a breakout in either direction. Watch for a move above the upper trendline for a bullish breakout or below the lower trendline for a bearish continuation.
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