Swiss Franc / Japanese Yen
Short
Updated

CHFJPY recent movements seem correlated to EURJPY

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Regarding to the chart I can easily see some correlations between EURJPY and CHFJPY. (See my other analysis on EURJPY).
The trend lines are pretty similar here. I have no other choice to take a short order at 119.75 with a stop loss at 120.30. Firt TP is placed at 119 then second TP at 118.50.

Enjoy !
Trade active
Trade closed: stop reached

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