BUY CHFJPY

uncertain because the jpy may gain value due to a potential rise in bond yields.


Technical analysis: for the moment nothing, and we should take a buy order now as the bearish momentum is very important. The price is coming to interesting levels, I expect a slightly deeper correction towards the 0.618 fibo.

I remain patient for the moment. It is still early and we would need LTF bullish confirmations.

Retail sentiment: 68% on sale, more and more buyers since last week so be careful