Franc Swiss / Yen Jepun
Panjang

Bullish Breakout on CHF JPY Trianlge

46
With the AUD central break being bullish and neutral on a potential Rate hike we have seen investors removing positions on JPY as they are finding more attractive areas to put money now that their are a few central banks hinting at potential rate rises with investors getting in early to price these in

CHF JPY has been consolidating in a Triangle pattern and broke and close outside with a retest of the triangle

Entry was at 116.96 with a TP of 117.70

After bagging 100 pip profits yesterday we are looking at Same today - Elite Trading Group

Penafian

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