CHFJPY STRONG BUY ( Read description for additional information)
2019-11-10 04:05:27
With Analysts predicting a fall into Japan's GDP on Wednesday which would weaken the Yen would bring the price up.
On the 1 hour chart we having a rising support line ( higher lows created ) and the RSI indicator on the 1 hour points to an oversell of CHFJPY and now would need to go up.
The reward risk is massive on this pair and this trade could go wrong but as traders we can only make educated guesses of where the price is going.
Basically what I am saying is that the BUYING confluences are much much stronger than SELLING confluences.
* PLEASE TRADE AT YOUR OWN RISK TRADERS AND FOLLOW GOOD MONEY MANAGEMENT.