On the weekly chart of CHF/JPY, a very strong reflection is visible after a long-term correction. It is worth noting how exactly the trend line and the selected support are respected. It seems, therefore, that in the current zone an upward impulse can be assumed, comparable even to the period of growth from the turn of August and September, ie at least few weeks of growth. Currently, the demand is trying to break the level of the previous high, which will probably become a fact. From the W1 graph, it appears that another resistance can only be found as far as at 116.50.

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