CHFJPY Poised to Rise Further
The Japanese Yen is facing big challenges. It has extended its descending trend, reaching a fresh multi-decade low.
Traders are closely watching the US Q1 GDP report and the Bank of Japan’s (BoJ) policy meeting for further direction
CHFJPY benefited in the short term from this situation and is pointing to rise further as no one stopped this madness in JPY pairs.
It has a high risk as trade.
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
The Japanese Yen is facing big challenges. It has extended its descending trend, reaching a fresh multi-decade low.
Traders are closely watching the US Q1 GDP report and the Bank of Japan’s (BoJ) policy meeting for further direction
CHFJPY benefited in the short term from this situation and is pointing to rise further as no one stopped this madness in JPY pairs.
It has a high risk as trade.
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
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✅My FX Broker
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