fx_iranian_traders

Is it time for the yen to recover?

OANDA:CHFJPY   Swiss Franc / Japanese Yen
Hi everyone
I hope you are well
In the chart, you can see that the price has managed to cross the resistance level of 118, which is very key and important. This is one of the consequences of the weakness of the yen that we have been witnessing in the market for some time. But breaking this level can be the beginning of a strong climb and continue for some time. In the analysis, we have simply determined the path. The path that is conditional and we have to wait for the signal.

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