Possible upward trajectory
Franc Yen is consolidating and may either break to the upside or downside. This correction phase seems to be a bullish flag, and if it successfully breaks with an attitude of settling out off the flag, price may push up. However, struggling to go up and break this phase down, may seem price action go down.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.