FX:CHFJPY   Swiss Franc / Japanese Yen
Gold is rallying against the dollar, the chf has high correlation to gold due to the amount of gold in switzerland backing the currency. so because of the daily uptrend we look for long positions, the hourly chart is oversold and bouncing of ema89 after contracting. im opening a buy position here
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.