CHFJPY - FINALLY WE HAVE A LONG SETUP

1 giu 2023

On CHFJPY, the market is forming a long setup following the Forex48 strategy. The setup is around 153.15, where we have a strong demand zone created on May 18th. Therefore, I expect a retracement at this level before entering a long position with a target of 155.40. There is a supply zone at that level, and the price may even break through it to continue the upward momentum.

Let me know what you think.

Happy trading to everyone.

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