It can be seen that at the moment the currency pair CHFJPY is in a downtrend movement, moving with a period of 120 also confirms the southern direction as it is above the price. The zig zag indicator confirms the superiority of sellers over buyers. Therefore, when trading intraday, it is best to consider sales from the price level of 113.70 with the first goal of income to the level of 113.30, the second goal of 112.90, stop loss set at 114.00. If the pair fixes at the level of 114.30 I will consider buying. Take profit for purchases at the level of 114.70, and stop at 114.00.


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