Today in forex trading The Forex Heatmap® had a visual trading alert and signal to buy the CHF/JPY. The CHF (Swiss Franc) was consistently strong on all pairs. The CHF/JPY moved strongly higher, but this movement was against the major trend and only a rebound off of support. We would exit this trade at the current resistance levels, as we expect this pair to move back down into the major down trend in the larger time frames. The visual trading alerts you see below are from The Forex Heatmap®, which provides live trading alerts and signals for 28 currency pairs.
Visual Trading Alerts CHF/JPY |