The biggest mover in FX markets this week was CHF/JPY. It was the second week of large declines for the pair after it broke the 100-day moving average last Friday.
CHFJPY with 100dma in red
The pair looks a bit toppy but it’s not a sell until the 200-day and Feb lows break.
It’s the second week in a row that the yen has been on top.
