Potential short on CHFJPY if we see a break and retest of the 112.60 level. will drop below the 100 day EMA which further indicates a possible short. Will be keeping an eye out over the next few days, keep in mind the current volatility of the CHF pairs due to the SNB announcements.
USDCNH Long after a test with the upward trendline. Stochastic oscillator indicator shows %K has moved above %D in the lower 20 band, indicating a long opportunity as the currency is currently oversold. Also above the 200 EMA which adds further confluences to the indication.
