CHFJPY Fundamental Analysis – May 27th 2019

Should price action for the CHFJPY remain inside the or breakdown below the 108.900 to 109.400 zone the following trade set-up is recommended:
  • Timeframe: D1
  • Recommendation: Short Position
  • Entry Level: Short Position @ 109.150
  • Take Profit Zone: 105.550 – 106.300
  • Stop Loss Level: 109.600

Should price action for the CHFJPY breakout above 109.400 the following trade set-up is recommended:
  • Timeframe: D1
  • Recommendation: Long Position
  • Entry Level: Long Position @ 109.750
  • Take Profit Zone: 111.150 – 112.150
  • Stop Loss Level: 109.150

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