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xftrading
Feb 7, 2023 2:32 PM

CHFJPY Sell Short

CHF/JPYOANDA

Description

Here we have a CHFJPY setup where we believe the pair has more downward pressure to come with a weakening CHF fundamentally. Our current level of interest is 143.926 where a reversal is very likely, an entry here would set our eyes on targets 140.389 for a 60% trade reduction and 137.498, for the remaining 40%.
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