How about CHF/JPY?

How about CHF/JPY?

2020-10-20 • Updated

CHF/JPY retraced 61.8% of its August-September decline, corrected down, formed a higher low above the 100-day MA and now seems eager to rise to the 78.6% Fibonacci level at 116.90. The Awesome Oscillator is turning up from the zero area, so there is plenty of scope for the advance.

Trade idea for CHF/JPY

BUY 116.20; TP 116.90; SL 116.00

CHFJPYDaily.png

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