With the recent geopolitical risk in play; safe havens have been getting strength as we watch the world unfolds. The yen was ranging for the lat 3 trading days. We saw a bearish breakout during Asia and I’m expecting a retest

CHFJPY H1

Price hit DS2, Pivot point rule states price will head back to DDP, role reversal is expected to take play

EURJPY H1

Same Set-up. however, I have a sell-limit at a pych-level (117.500)

One thought on “Intraday: CHFJPY and EURJPY Sell Trade Plan (11.04.17)”

  1. Teboho Faro says:

    Plus Yen is currently strong and chf weak because of the elections

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