A possible move on CHF/JPY as it heads towards support

A potential bearish movement on CHF/JPY
Emerging Channel Up pattern in its final wave was identified on the CHF/JPY 30 Minutes chart. After a strong bearish run, we find CHF/JPY heading towards the upper triangle line with a possible resistance at 170.2741. If the support shows to hold, the Channel Up pattern suggests a rebound back towards current levels.

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