FXKjell

[Market Breakdown 3] CHFJPY

OANDA:CHFJPY   Franc Swiss / Yen Jepun
Had this pair in my previous Market Breakdown, but it seems like i was a little bit too early.
Price has approached our zone of interest quite impulsively on Friday.
It seems like the Supply & Demand zone is holding very nice as resistance.
A lot of Sell orders sitting at this region.
I will enter this Short position if we do receive some more deceleration candles.

Remain neutral and anticipate on the situation.

Penafian

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