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- Harmonic Pattern formed = Bearish AB =CD pattern
- CHFJPY is continuing its winning streak for consecutive two days and pair hits high of 115.93 at the time of writing. It is currently trading around 115.57.
- Short term trend is slightly bearish as long as resistance 116.35 holds. Any break above 116.35 will take the pair to next level till 117/117.50.
- On the lower side, 115 will be acting as major support any violation below will drag the pair down till 114/11.350.
- Overall bullish invalidation only below 112.50.
It is good to sell on rallies around 115.85-115.90 with SL around 116.35 for the TP of 115/114.
