CHF/JPY Technical Analysis, Weekly PinBar With Divergence, Trend Reversal Imminent?

Here is an interesting setup on the CHF/JPY Forex pair. It looks like there is a nice divergence with a bearish pin-bar. The location could not be better. The weekly bar is sitting on a nice price pivot zone that was used many times as support and resistance. Should be interesting to watch this pair in the coming week to see how it does. Enjoy!

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