FUNTRADER-Vera

0712 CHFJPY: still have more to rise

Long
FX:CHFJPY   Swiss Franc / Japanese Yen
Last time we said this pair still got 400 pips to rise:

Now it only done with 50 pips.
This pair is a slow one, same as EURGBP, AUDNZD,CADCHF, etc.
But they are sharing a similar thing, once a trend start, they keep it in a long time.

The long trade is still valid to us, and the red zone could be the first target on weekly chart.

Less is more!


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