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francesgurton
Nov 18, 2020 5:41 PM

CHFJPY - Long Long

Swiss Franc/Japanese YenFXCM

Description

CHFJPY has returned to a level of support at 113.97. In this area, we have seen previous strong bullish momentum to the upside.

Following confirmation of rejection at this support level, I will enter a long trade; being cautious if the price reaches the 200 day EMA on the 4H as often the price can struggle to break the 200 day EMA.

Comments
UnknownUnicorn493766
good
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