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CHF/JPY analysis, 19 April 2021 On the 4hour candle chart The | Beinmarkets

CHF/JPY analysis, 19 April 2021
On the 4hour candle chart
The CHF/JPY currency pair declined from the 118.73 supply zone
if the pair stabilizes below both the trend line and the supply zone, it is likely that the rate could continue its decline towards the 117.66 support level
On the other hand, a breakout north could occur, and the rate could continue its surge to 119.27