With the AUD central break being bullish and neutral on a potential Rate hike we have seen investors removing positions on JPY as they are finding more attractive areas to put money now that their are a few central banks hinting at potential rate rises with investors getting in early to price these in
CHF JPY has been consolidating in a Triangle pattern and broke and close outside with a retest of the triangle
Entry was at 116.96 with a TP of 117.70
After bagging 100 pip profits yesterday we are looking at Same today - Elite Trading Group