CHFJPY H4 | Rising into 78.6% Fibo resistanceCHFJPY is rising towards a pullback resistance and could potentially reverse from here to drop lower towards our take profit target.
Entry: 165.734
Why we like it:
There is a pullback resistance that aligns with the 78.6% Fibonacci retracement level
Stop Loss: 166.581
Why we like it:
There is a multiple swing-high resistance
Take Profit: 164.040
Why we like it:
There is a multiple swing-low support level
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