CHF/JPY Bearish MACD Divergence on the 1H Chart

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There is a bearish Divergence of Price vs. MACD on the 1H CHF/JPY Chart.
This bearish Signal is confirmed by RSI: it was overbought and is now falling.
Profit Target is the daily Pivot at 112.220
Trade geschlossen: Ziel wurde erreicht
After moving a few pips in the wrong Direction, Price finally touched the daily Pivot - the Profit Target was hit!
macddivergencepivotTrend Analysis

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