CHF/JPY - God lets things go — but only to a point!

Hi, today we are going to talk about CHF USD and its current landscape.

At CHF/JPY we had the breakout of the Uptrend Line however the bulls defense have been strong, what could mean an indication of a bear trap zone. At the Bullish side, the confirmation of the Beartrap the breaking of the Downtrend Line would be the trigger for an attack.

Thank you for reading and leave your comments if you like.