CHFJPY H4 | Falling to 23.6% Fibo support

CHFJPY is falling towards the buy entry at 165.402 which is an overlap support that aligns with the 23.6% Fibonacci retracement level and could potentially reverse from here to bounce higher.

Stop loss is at 163.980 which is an overlap support that sits under the 50.0% Fibonacci retracement level.

Take profit is between 166.30 and 166.70 which is an over resistance that lies under the 100% Fibonacci projection level.

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