CHFJPY on the H4 timeframe, it can be seen that this pair has dropped since yesterday. Even so, the position of this pair is still above the kumo cloud on the ichimoku indicator which indicates that this pair is still in a bullish trend. When referring to the stochastic and RSI indicators, it is possible for a trend reversal to occur due to oversold. If it happens then a go-long position is an option. On the other hand, if the pair is unable to bounce back, then go-short could be an option. Be aware of market volatility and trade with your own risk.
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