Weekly Analysis on CHFJPY by ThinkingAntsOk

Use this as a guide to develop your view.

Main items we can see on the Weekly Chart:

a)We have two clear structures. A support zone and a resistance zone

b)Currently, the price is in the middle zone between them

c)We can see a Corrective Structure (signals of a continuation movement)

d)Our forecast is a bullish movement towards the next resistance zone

e)For a clear view of this situation OR for developing setups, we would do it on a lower timeframe between 4HS and 1H