While the SNB is a "currency manipulator" (of the first order), Japan is a wholly owned subsidiary of the BoJ. Still, it's wise to bet on the World's 3rd largest economy versus the World's Vault that is now on fire. ... and this chart is foretelling that exact story!
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Put in an other way, does one wish to be in the heart of a dying Europe or next to a rising Asia? - This really is not a close call. But, fundamental analysis aside (which matters not), just follow the arrows.
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They're probably going to... ... Stop Hunt this, one more time, then it's over! SELL
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Operación activa
LONG - Target: 118.00
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LONG ... for now.
Operación cerrada manualmente
Wait for it!...
Operación activa
SHORT Target: 113.80
Operación cerrada: objetivo alcanzado
FLAT; +25 pips
Operación activa
SHORT
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Looking to SHORT this... ... off of the 115.60 level.
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