MujkanovicFX

CHFJPY Potential Buy Setup on H4

Long
FX:CHFJPY   Swiss Franc / Japanese Yen
The Swiss franc vs Japanese yen pair seems to find support at the lower boundary of a rising channel, a horizontal support and a trendline pullback around the 111.15 level.

Recently, the pair respected a longer-term rising trendline and picked up its underlying uptrend.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.