CHFJPY MAY 2024 WEEK 2 OUTLOOK -

6 May

Daily - neutral. we have a no man's land as long as the price remains in the zone - **171.613 - 167.359**. if we break out of this zone and price holds, then we can look to get involved.
Origin - looks bearish. as long as we remain below **169.654** bias will be bearish here. once price falls below **168.130** any short position shall be closed as we will be inside daily POC.