CHF/JPY - Ending diagonal complete
The ending diagonal resistance-line has just been broken confirming that the ending diagonal is complete. This means a rally towards the origin of the ending diagonal at 117.42 should be seen within half the time it took for the ending diagonal to develop.
Short term support is found at 109.30, but I doubt this support will be seen.
However. the ending diagonal also completed the long term corrective decline from 138.92 and this top should ultimately be broken as the next long term impulsive rally develops.
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