Osiris992

CHFJPY APRIL 2024 WEEK 1 OUTLOOK -

FX:CHFJPY   Swiss Franc / Japanese Yen

Daily - Short bias. as long as CHFJPY remains below **167.982** I will remain short bias. if it holds above it, that will be a no trade area for me.
Origin - **167.575** is the level that needs to get cleared before I can look for short setups. once it closes below this level, I can safely look to enter shorts. COT suggests neutral behavior this week. historically, in last 13 years, CHFJPY has closed green majority of the time in April week 1.

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