By: DailyForex.com
Currency: CHF/JPY
Trend Expected Direction: Up
Method: Ichimoku, Technical Analysis
Description: CHF/JPY found support at the 83 level and turned north. The pair trading above the kumo (clouds) on 4H30M charts. We also have a bullish Tenkan-sen/Kijun-sen cross. Once the price hits 84.00, you may move stop-loss to the entry point.
Recommendation: Long
Target Area: 84.00 84.50
Stop-Loss: 83.10
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