CHFJPY MAY 2024 WEEK 3 OUTLOOK -

13 mag

Daily - bullish. looks clean to the upside. but, we have had 6 consecutive long days on this, so a day or two of trading in range will be good for a sustained move upwards.
Origin - as long as price holds above the zone **171.913 - 171.497**, we are bullish. if price breaks down, then I will look for buyers to step in around last week's AVWAP. price can just trade in range for a day and then shoot up from there.