CHF/JPY (Daily Chart) - Near Top of Weekly Range

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This pair is near the top of it's long-term weekly range, and since it has been tested several times and not been broken, it is likely a strong resistance level.

In addition, the reward/risk ratio is good as you only need to take a small risk, and if it goes your way, the potential reward is worth many times the risk.

Watch carefully and get ready to enter once you see a good entry signal.

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