CHFJPY - Range Support Back in FocusSwiss Franc vs Japanese YenTICKMILL:CHFJPYTheSignalystCHFJPY has been trading within a large range for several months, repeatedly respecting both the upper and lower boundaries of the structure. 📊 After the recent decline, price is now approaching an important support cluster that could attract buyers once again. Currently, CHFJPY is retesting the intersection of: 🔹 The lower bound of the broader range. 🔹 The lower bound of the blue falling wedge pattern. When multiple support factors align at the same location, they often create high-probability reaction zones. 📌 As long as this intersection continues to hold, we will be looking for long setups, anticipating a bullish reaction from support and a potential move back toward the middle and upper portions of the range. 🐂 The current setup remains a classic example of trading support within a larger range structure while taking advantage of a corrective wedge pattern. Will CHFJPY bounce from support once again? 🤔 ⚠️ Disclaimer: This is not financial advice. Always do your own research and manage risk properly. 📚 Stick to your trading plan regarding entries, risk, and management. Good luck! 🍀 All Strategies Are Good; If Managed Properly! ~Richard Nasr