CHFJPY formed Bearish Divergence on RSI, will it start Bearish Trend?
Entry, Stop Loss & Take Profit are mentioned.
CHF Fundamentals: SNB is reducing policy rates since March 2024, Switzerland Inflation Rate is at 1%, compared to 1.2% last month further expectations are rate cut trend will continue from 1.25% to 1% TODAY. Which may weaken CHF further.
JPY Fundamentals: BOJ is increasing policy rates since March 2024, which is causing continuous strength in JPY.