Forex Forecast #CHFJPY Bullish Followup - LOSS

04.23.19 09:48 PM Comment(s) By Alan Posner

Closed a weekly trade for a loss this week on $CHFJPY.  The Franc is often a tough currency to be bullish on however I was looking for the ascending triangle and for the early February bottom to hold.   Entering on 4/7 at 111.71 I closed the trade on 4/21 at 110.30 taking a 141 pip loss.  Perhaps a test of 108-109 may create another opportunity.

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