CHF / JPY pair are above very strong bullish resistance level of 110.20
which allows buyers to ignore bearish signs and continue to move up. channel index does not think of going down yet, which also supports current purchases with breaking up resistance level 11040
On 4-hour screen, you can see that bulls did not allow bears to reach their support level of 109.96, which indicates that they have a breakdown force that helps to overcome the level of 110.52 and continue bullish offensive.


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