The CHF/JPY pair is one that I love trading. It’s because it’s more or less a “slow-motion” type of trade, thereby is a very low .
Now that we are approaching this trend line that is drawn on this hourly chart, I believe that we should see appreciation of the Swiss franc
against the Japanese yen. With that, I believe it shows that we should
see Japanese yen weakness overall. On top of that, this may be a
nice investment as the slow grind should bring guests back to the 117
region by the end of the month.
CHF/JPY is expected to rise to the target level 116.80 in the next trading days. Stop level for this forecast is at 113.01.
Good luck
Now that we are approaching this trend line that is drawn on this hourly chart, I believe that we should see appreciation of the Swiss franc
against the Japanese yen. With that, I believe it shows that we should
see Japanese yen weakness overall. On top of that, this may be a
nice investment as the slow grind should bring guests back to the 117
region by the end of the month.
CHF/JPY is expected to rise to the target level 116.80 in the next trading days. Stop level for this forecast is at 113.01.
Good luck 