MY CHFJPY Short Idea 21/2/2025

CHFJPY is short due to many reasons but the main theme here is Japan is combating inflation (or hypothetically trying to increase their inflation) which strengthens the bond and the YEN. Meanwhile the SNB is cutting rates with their easing policies hence weakening the FRANC strength. CHFJPY is an extremely bearish FX pair and probably most likely pair to fall in %percentage for the year of 2025. I expect a 1.5-2.5% drop in the next few days or weeks.

My entry was a little late hence why I have a tight SL which could get triggered but I will take any short opportunity on this pair.