Will the Swiss franc lose value to the Japanese Yen?
Hello again fellow traders,
I haven’t posted in a while, but we had a lot of things to do. However I am back now and ready with a new trading plan for you. This week I take a look at the CHF/JPY currency pair. Will Switzerland remain a safe heaven for money or the new safe heaven will be JPY - we’ll soon find out.
The pair reached a strong area of Resistance on the daily graph and I am planning on selling it. :)
Below you can find the zones in numbers:
Daily Resistance Zone: 111.95 to 111.57
Daily Support Zone: 110.14 to 109.50
Sell Area: 111.60 to 110.65
Risky Sell Area: 110.65 to 110.15
Good luck y’all! :)
I haven’t posted in a while, but we had a lot of things to do. However I am back now and ready with a new trading plan for you. This week I take a look at the CHF/JPY currency pair. Will Switzerland remain a safe heaven for money or the new safe heaven will be JPY - we’ll soon find out.
The pair reached a strong area of Resistance on the daily graph and I am planning on selling it. :)
Below you can find the zones in numbers:
Daily Resistance Zone: 111.95 to 111.57
Daily Support Zone: 110.14 to 109.50
Sell Area: 111.60 to 110.65
Risky Sell Area: 110.65 to 110.15
Good luck y’all! :)
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