The CHFJPY had a nice setback yesterday which now offers a possible good entry for long positions. A price target in the area of 61.8 percent retrenchment would be realistic. The possibility of new all-time highs is also worth noting. So it's a very tempting time for long-term trades.
Note
Position closed. WaitingNote
Reentry with limit orderNote
Limit Long @ 176.50
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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.