- This pair has been ranging in between the symmetrical triangle pattern since the begining of May
- Clear break & retest with bullish reaction to retest the gives me confidence in the CHF's strength against the JPY
- 10 + 50EMA has had a bullish crossover and are both sloping upwards showing potential bullish bias
- JXY Japanese Index has been indicating weakness for the whole week, lets while SXY Swiss Franc Index gaining bullish momentum
- Wait for price action to see how this fairs out!
Comment:
Trade closed: target reached