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SamKent
Oct 14, 2014 8:46 AM

CHF/JPY trend reversal  Long

Swiss Franc/Japanese YenFXCM

Description

The 112.200 support level seems to have held up, coupled with fundamentals that suggest the pair should trend higher, we'd be looking for the downward trend line break on the 4 hourly as confirmation for a long term long position on the pair.
Comments
vlad.adrian
Don't try catching reversals at such important support zones with hourly charts. Use the daily chart. That support is way to important and it can't be analyzed properly with H4 :)
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