CHFJPY GOT STUCK

Hello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX

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QUICK UPDATE ON CHFJPY


As we can see price got stuck inside this rangy market.

Meanwhile, as the price will be approaching our upper bound range, we will be looking for new bearish movements on lower time frames.

Moreover, for the bears to kick in from a medium-term perspective, we need a break below the lower bound of this range, then a movement lower would be expected.


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and as usual follow your trading plan and manage your risk.

Be patient and good luck!