CHFJPY on the 4H chart completed five wave impulsive move reaching a strong horizontal resistance zone where price is currently consolidating after forming a minor corrective wave a and bouncing into wave b this suggests the pair may be preparing for a deeper retracement toward wave c which aligns with the rising trendline break and the rejection from resistance overall the structure indicates that bullish momentum is weakening and sellers may take control in the coming sessions as the market seeks balance through corrective movement.
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