Good day everyone

Congratulations to Australia for winning the Cricket World Cup, we will see you at the rugby world cup later this year and maybe settle the score. For now, enjoy the glory and well done...

Chf/Jpy

1. Price has been retracing the "Black Swan" (or Kentucky Fried Chicken) event since mid January 2015 and seem to have found support @ 120.461;
2. If price can break through the 125.354 level then we could see some movement to the supply downtrend line @ the 126.500 level and if it can break through there, then we could be off to the next major resistance level of 129.850 level.

Patience will get you into this trade so be patient.

Have a lovely day.

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