Franco svizzero / Yen giapponese
Long
Aggiornato

CHFJPY Long

132
Nice 1 to 2 reward for patient ones.

Because it could take longer until there is movement again. I'm taking this long trade again.

CHFJPY has been in a range after the pullback for 10 days. Buyers apparently accumulate at these levels. Minimum target is the 61.8 retracement. Fundamentally, the yen has not improved. Therefore a good long in my opinion.
Trading in the range is also possible here.
Nota
The market has not shown the strength that was expected. I am closing the position. I'm currently expecting that it could go down to 175.05. I place my limit order here. PMI and CPI data from Japan are due this week. This could be the event that is a trigger.

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