CHFJPY | COULD BE A GOOD BUYING OPPORTUNITY

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Franc Swiss / Yen Jepang (FX:CHFJPY)

FX:CHFJPY Franc Swiss / Yen Jepang

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Hey Traders! 👋

I believe we have a good chance to re-test previous area of resistance or the top of the current lower timeframe downtrend, if broken we will see this trade to re-test the previous monthly pivot point.

Both currencies are in a 52 week low against the dollar in the futures markets, I still think the CHF is the better safe haven so likely it will continue its upwards momentum for now. 📈✅

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