CHFJPY intraday
Pair has given up all its gains from last week and the pump might of been shorts taking profits or shaking out weak hands.
Strength to the upside seems to have abated and the pair has retraced 61.8 percent from the AB price drop from August.
Currently the pair has found support around 115.70 which was last weeks resistance. A break at this level and the pair could further weaken to next support at 115.
Good luck and use a stop loss.
Strength to the upside seems to have abated and the pair has retraced 61.8 percent from the AB price drop from August.
Currently the pair has found support around 115.70 which was last weeks resistance. A break at this level and the pair could further weaken to next support at 115.
Good luck and use a stop loss.
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