CHJPY H4 | Bounce from 23.6% Fibo?CHFJPY could fall towards a key support level and potentially reverse from here. We could see price bounce up to our take profit target.
Entry: 152.864
Why we like it:
There is an overlap support that aligns with the 23.6% Fibonacci retracement
Stop Loss: 152.079
Why we like it:
There is an overlap support close to the 38.2% Fibonacci retracement
Take Profit: 153.957
Why we like it:
There is an overlap resistance at the recent swing-high
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