Taking the previous weekly candle as the benchmark and keeping in mind the JPY strength against the USD, we prefer shorting CHFJPY at 120.40/50 levels with 50 to 75 pips TP target.
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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.