CHF/JPY is approaching a resistance line of a Rising Wedge. It has touched this line numerous times in the last 12 days.

CHF/JPY - getting close to resistance of a Rising Wedge
Emerging Rising Wedge pattern in its final wave was identified on the CHF/JPY 4 hour chart. After a strong bullish run, we find CHF/JPY heading towards the upper triangle line with a possible resistance at 168.4468. If the resistance shows to hold, the Rising Wedge pattern suggests a rebound back towards current levels.

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