chfjpy is bear run over??
Bounced off the 50%fib which also coincides with daily support. If bulls can break and hold fib 38.2% then the pair could possibly be be heading higher. RSI signaled oversold.
After two weeks of the pair weakening a much needed bounce was expected.
Good luck. Use your stops and calculate your position size accordingly.
myfxbook.com/forex-calculators/position-size
After two weeks of the pair weakening a much needed bounce was expected.
Good luck. Use your stops and calculate your position size accordingly.
myfxbook.com/forex-calculators/position-size
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