The Japanese Yen and Swiss Franc are both considered to be safety currencies.  The Swissie, especially, is also positively correlated to gold.

That’s why its significant that the Yen looks like it is in the beginning stages of a significant uptrend against the Swissie.

MarketClub scores the JPYCHF at +90 (on a scale of -100 to +100) for its mid-term technical outlook.

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