CHF/JPY BUOB Daily

CHF/JPY Bullish Outside Bar on the daily, at 50% fib level, and 80 is a key level way back in 2003 - not sure it's a key level now? But anyway, there's lots of traffic above 82, and if price goes north then price could get messy. Also don't ignore the weekly downtrend, although the weekly bar made a pin. We shall see what unfolds.
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Comments

  • a bit more volatile than cj or ej I think - price is quite messy imho. the swiss national bank do like to get involved apparently :)
  • what is this pair like to trade ? volatile or stable ?
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