Most of the JPY crosses have put in bearish reversal patterns over weekend which indicates a potential selling opportunity for the Yen crosses. The most powerful was the CHFJPY which has rejected the weekly resistance with a healthy bearish pin.... Stops above at 118.10 with profit targets at 116 and 115 make for a great risk reward.
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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.