CHFJPY Poised to Rise Further - VERY RISKY

CHFJPY Poised to Rise Further


The Japanese Yen is facing big challenges. It has extended its descending trend, reaching a fresh multi-decade low.

Traders are closely watching the US Q1 GDP report and the Bank of Japan’s (BoJ) policy meeting for further direction

CHFJPY benefited in the short term from this situation and is pointing to rise further as no one stopped this madness in JPY pairs.

It has a high risk as trade.

You may find more details in the chart!
Thank you and Good Luck!

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Comment:

Trade closed: target reached:

Trade closed: target reached: