CHFJPY Structure Trade I SHORT

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In the current New York Session, we are monitoring CHFJPY for a short entry around the highlighted resistance zone. Price has corrected to previous daily structure (major level support/resistance) where we expect more downside movement from here. Price is also below 50 MA on daily.

We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.

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Brian & Kenya Horton, BK Forex Academy