<p>In this technical blog, we will look at the past performance of the 1-hour Elliott Wave Charts of CHFJPY. In which, the rally from 13 January 2023 low unfolded as an impulse sequence and show
<ul><li>The story of US recession is not materializing</li><li>Strong jobs report confirmed a reacceleration of the US economy</li><li>Higher for longer for the Fed
38.2% and 200 hour MA below. The 100 day MA and 100 hour MA above. The USDCHF is moving up and down between MA levels. On the downside, the 38.2% of the move up from the March 30 low comes i
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