EliteFxAcademy

CHFJPY at neutral spot looks bullish

Long
FX:CHFJPY   Swiss Franc / Japanese Yen
Hello guys

In this case we have a case scenario similar to our lessons we taught you. This kinda trades depends on patience. As you can see chfjpy is moving at the moment in neutral spot for longer time. There was a moment where chfjpy shoudl go bullish on 12.14.2021. Price didn't make it because of low momentum, so it stayed at neural spot between 123.435 resistance level and 122.388 support level. For safety reason we recommend you to be still aware of possible upcoming bullish momentum. If bulls are able to push price higher, then you can trade it once price broke 123.435 resistance level.
T1: 124.535
T2: 125.452

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