SIGNAL TERMINATION – CHF/JPY SHORT – TAKE PROFIT
ORIGINAL TEXT: CHF/JPY Short. Since May of this year, the Swiss franc versus the Japanese currency pair has been on a strong upward trend. We have written many times about the radical approach of the Bank of Japan to economic support packages. Bloomberg analysts agree with the views of their main competitor, Capital Analysis, that the decline of this currency pair is around the corner.
Chart source: WebTrader