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FxHiru
Mar 3, 2021 5:53 AM

chfjpy long Long

Swiss Franc/Japanese YenFXCM

Description

First of all, it should be reminded that this is a fairly complex and high risk trade. Analyzing the CHFJPY, we can conclude that the CHFJPY is more likely to fluctuate as the CHF strengthens. Overall, the CHFJPY market is in a state of consolidation, so any instantaneous crash is inevitable, so it is important to remember to stay out of the trailng stop. The following shows that MFI is adding a volume of money to the market and we can use it as a strong supplement.
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