Daily Market Analysis 26.05.2023: CHFJPY

Instrument: CHFJPY

Technical Analysis

Bullish Preference: 
A buy position is envisaged if the price trades above 154.802 with take profit at 155.002.
Bearish Preference: 
A sell position is envisaged if the price trades below 154.440 with take profit at 154.310.
12:30am JPY Tokyo Core CPI y/y

Consumer price index inflation in Japan’s capital read below expectations in May, data showed on Friday, amid steady food prices and increased government spending to ease electricity costs.

Analysis: SCRUM Team

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