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CHFJPY to rebound, confirming clearer uptrend -

Feb, 26th 06:51

ob-trade-idea

CHFJPY rebounded from the bottom of 112.300, established on February 23, for the second time. Look at the chart H4, the pair has continually failed to break through this support level after several efforts on the next second days. SME 14 and SMA 21 crossed over which indicates CHFJPY has reversed already, escaping from a long downtrend. Uptrend starts to become more clearly and firmly with RSI indicator higher than 55.

Buy Digital Call Option at 114.584 and Digital Put Option at 113.419

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