CHF - Weak Bullish
1️⃣ Investors are turning to safe-haven currencies amid a negative market environment.
JPY - Strong Bullish
1️⃣ Investors’ concerns about the uncertainty of the economic recovery could support the value of the JPY.
Between CHF and JPY, we expect JPY is stronger.
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Technical
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We are selling CHFJPY after it turned to a downtrend.
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Risk to this trade
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Any change in sentiment could turn the pair's direction.
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