Swiss Franc / Japanese Yen
Short
Updated

CHFJPY - Ascending Triangle

135
CHFJPY is making Ascending Triangle Pattern, will it breakout to reach target?
Entry, Stop Loss & Take Profit are mentioned.

CHF Fundamentals: SNB is reducing policy rates since March 2024, SNB rate cut as from 1.25% to 1% recently may result in weak CHF.

JPY Fundamentals: BOJ is increasing policy rates since March 2024, which is causing continuous strength in JPY.
Trade closed: stop reached

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