To discuss this trading idea, head over to Tickmill Traders Club where you can get direct access to our team of world-class analysts.TitleCHFJPY Potential for bullish rise towards overlap resistanceTypeBullish BouncePreference:Looking at the H4 chart, my overall bias for CHFJPY is bullish due to the current price being above the Ichimoku cloud, indicating a bullish market.Expecting price to possibly retest the pivot before heading towards the overlap resistance.It's worthy to note that there is an intermediate resistance level where the previous swing high is. Price might struggle to break through that.
from Tickmill Expert Blog - Forex Traders Blog https://www.tickmill.com/blog/chfjpy-potential-for-bullish-rise-towards-overlap-resistance-1"
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