In the current New York Session, we are monitoring CHFJPY for a short entry around the highlighted resistance zone. Price has corrected to previous daily structure (major level support/resistance) where we expect more downside movement from here. Price is also below 50 MA on daily.
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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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.