Hello, friends and fellow community members,
20 hours have passed and the CHFJPY has gone nowhere. But one thing to notice here is that it even did not go anywhere. That means it is consolidating before making a move lower as the buyers don't seem to be interested much in the pair as of now. I am short in the pair with stop at 115.20 and with target at 113.50.
Please let me know through comments what you think about the trade setup.
Happy trading to all.


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