We were focused on CHFJPY for a couple of weeks now as we understood that JPY was going to reverse. JPY finally turned bullish and so CHFJPY has begun it's trend reversal.
For a confirmed trend reversal, we require an impulsive break. See linked chart for more information.
"Japan celebrates the Golden Week and will remain on holidays until next Wednesday. China also celebrates different local holidays. Volumes at the weekly opening will be quite low and may result in unexpected wide movements among major pairs."
Itisallinyourhead
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Just additional info
WicktatorFX
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@Itisallinyourhead, thank you for that! Now it’s all in my head 🤪
But for real, thanks. Would’ve been wondering why nothings moving for the JPY pairs if you hadn’t told me. Appreciate it 👊🏼
RockyRacoon2021
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Absolute legend 👍
Albee1998
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What's happening to this? Still for a sell or not?