chfjpy is bear run over??

Bounced off the 50%fib which also coincides with daily support. If bulls can break and hold fib 38.2% then the pair could possibly be be heading higher. RSI signaled oversold.

After two weeks of the pair weakening a much needed bounce was expected.

Good luck. Use your stops and calculate your position size accordingly.

myfxbook.com/forex-calculators/position-size