I know CHFJPY is not a common pair but I can not leave it when I get a signals. Right now the market is on the resistance. On one hour time frame, the market formed a doji. It is having difficult in crossing that level. There is a high possibility the market will reverse and continue with downtrend. I will hold a little and watch how the volumes will appear and...
I have already entered this trade but I still think there is time. This year the SNB are going to be actively trying to weaken their curreny and the China slump will cause safe heaven flows through the JPY so overall downside is expected. Learn to trade like a pro boafx.com