Chf/jpy

Looking at the daily chart the CHF/JPY hasn’t had much movement as it struggles to break through the 103.7 support line. I started trading on this pair when it was at 113.490 and saw some awesome profit… Bit hesitant at the moment though so I’m holding off for a little while to see if a breakthrough happens at all…

Whats everyone else insight on this pair?


On the daily chart, at the moment I see some trend of both lower highs and higher lows, so I’m wondering whether this might develop into a clearer “triangle” than it is at the moment, in which case we’d just have to see which way it “breaks” … when it breaks?

And welcome to the forum …

Yeah… I’m deffo watching this pair closely for the next few days / weeks.

Thanks! :slight_smile: Happy to be here