See daily chart of CHFJPY below for the discussion that follows.
This level of is support is still far off, but it is a big level that I will be watching for signs of a reversal if / when price gets there.
Remember, always have your own trading plan and never follow other people blindly. Always know where you will be proven wrong on any trade and have stops in place. Stick to your stops and never bet the farm.
On Ideas: Please don’t take this as trading advise. Please do your own due diligence before entering any trade. Also see Disclaimers.
Thanks for reading.