JamesSpindler

CHFJPY DOWNSIDE - DAILY TIMEFRAME

Short
FX:CHFJPY   Swiss Franc / Japanese Yen
Right then after a very volatile period due to coronavirus, it is time to move on as best as possible with unaffected pairs. Currently we have found a sell off available for CHFJPY, which does not seem to have the volatility issues presented currently through other main currency pairs.

A death cross is looking due on the daily charts, towards the fibonacci level shown which has been analysed on a monthly candle time frame to engulf the entire historical movement of the price.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.