CHFJPY Shorts To Target 139.00
Thurs 12th January 2023 : Daily Currency Strength Analysis
In Today’s Video we’re looking at Trading Setups in:
- CHFJPY
CHFJPY Shorts To Target 139.00
In today’s currency strength video we identified CHFJPY from the currency strength indicator tables.
The JPY is the strongest currency on both tables and the CHF is the weakest.
Price has traded through a recent consolidation that formed around the 143.00 handle.
Now price has broken down through this level we could expect price to test the 139.00 lows formed on January 3rd.
Traders looking to sell this currency pair could watch for a lower high to form at the resistance of 142.00 which holds confluence with the daily 200 moving average.
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