Chapter 22 CHFJPY is going down to the demand zone
8/11/2022
Fundamental analysis
After we see the Bank of Japan start to take action in t the market tomorrow we have Japan's trade balance (Sept) With the expectaction of better results than the previous month at -1673.1B
Technical analysis
We can see the weakness showing today on the CHFagainst the Japanese yen So we expect the market to pull up to touch the 20 moving average again and then when we see weakness going down we can start actually to take trades as a seller to the next Demand zone at 147.00
As shown in the 1H charts.
