Hello Traders!
There's a decrease in momentum in the CHFJPY pair also a recent trend line break.
If risk sentiment is leaning more toward risk off that would favour JPY buyers causing more JPY strength.
I labelled the take profit levels with the stop loss level as well.
I recommend placing a sell limit order around 120.850.
Have a great day!
Best wishes,
Vitez
There's a decrease in momentum in the CHFJPY pair also a recent trend line break.
If risk sentiment is leaning more toward risk off that would favour JPY buyers causing more JPY strength.
I labelled the take profit levels with the stop loss level as well.
I recommend placing a sell limit order around 120.850.
Have a great day!
Best wishes,
Vitez
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.