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JosEphLim
Apr 23, 2016 6:09 PM

CHFJPY going to change trend? Long

Swiss Franc/Japanese YenFXCM

Description

With intervention of BOJ this week,we focus on BOJ monetary policy statement .BOJ KURODA said that he will further easing to weaken yen/JPY because he donwan jpy to appear so strong.Market sentiment already start to short jpy last friday as we see many againt jpy pair had fly up a lot.This week the sentiment will continue until the BOJ staement released.Therefore,i will long chfjpy with a very good risk reward ratio.
Good Luck!
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