I try to make analysis for chfjpy pair today.
I see this pair still in strong bearish movement . If this pair can break the 109.51 support level, I predict this pair will go down to the next support at 109.01 But if this pair go up and break 110.02 resistent level, I predict this pair will make some correction to the next resistent level at around 110.52
Sell signal is indicated from the Simple Moving Average and Bollinger Bands indicator . I suggest to entry Sell with stoploss at 109.86 and take profit at 109.01
my advice .. don’t use high risk and please stop trading if the target has been reached, we should avoid greedy.


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