With Analysts predicting a fall into Japan's GDP on Wednesday which would weaken the Yen would bring the price up.
On the 1 hour chart we having a rising support line ( higher lows created ) and the RSI indicator on the 1 hour points to an oversell of CHFJPY and now would need to go up.
The reward risk is massive on this pair and this trade could go wrong but as traders we can only make educated guesses of where the price is going.
Basically what I am saying is that the BUYING confluences are much much stronger than SELLING confluences.
* PLEASE TRADE AT YOUR OWN RISK TRADERS AND FOLLOW GOOD MONEY MANAGEMENT.
On the 1 hour chart we having a rising support line ( higher lows created ) and the RSI indicator on the 1 hour points to an oversell of CHFJPY and now would need to go up.
The reward risk is massive on this pair and this trade could go wrong but as traders we can only make educated guesses of where the price is going.
Basically what I am saying is that the BUYING confluences are much much stronger than SELLING confluences.
* PLEASE TRADE AT YOUR OWN RISK TRADERS AND FOLLOW GOOD MONEY MANAGEMENT.
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면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.