Seeing at the charts price has been playing inside a triangle and just recently broke the ascending trendline AND it has already retested that trendline and should be playing in the downside.
Goodluck!
CHFJPY looking good to entry short, looking at the ascending triangle price has been respecting the horizontal lines perfectly and now it's time to break to the downside of the triangle. Looking at news on the JPY as a catalyst of this breakout.
Goodluck!
CHFJPY is on the resistance level (118.250), no significant fundamental news for CHFJPY this week means it could be a safety trade for the week.
4hr candle also showing bearish engulfing might be a signal to enter short.
Stop Loss just above the highest wick. TP1 to 117.600.
NZDUSD Price has recently breaking the previous resistance on 1hr candle. Time to go long until price hit the upper resistance.
Meanwhile, DXY is going down breaking support. Goodluck!
