CHFJPY entered this pair a couple days back and was almost stopped out. i adjusted my SL by 10 pips to confirm if market structure would be broken on the 4hr and it was not with the help of a trusty old trendline. my TP of 175.900 has not been hit but i am closing this now because this takes a TON of margin on your account. (almost 1000% for me with a .50 lot). this may be last time trading this pair. it was fun.
CHFJPY Could someone explain it to me? SNB interest rates are 0.25% , BOJ rates are 0.5%. Exchange rate is close to ATH is it CHF against JPY overvalued?