CHFJPY: Good Short Opportunity

Short

Franco svizzero / Yen giapponese (FX:CHFJPY)

FX:CHFJPY Franco svizzero / Yen giapponese

Trend Analysis Chart Patterns Supply and Demand chf jpy CHFJPY swissfranc yen japaneseyen fx trader Technical Analysis

trendanalysis chartpattern supplyanddemand chf jpy chfjpy swissfranc yen japaneseyen fx trader technicalanalysis

snapshot

CHFJPY reached a strong horizontal daily structure yesterday.

the price started to consolidate and coil within a horizontal trading range on hours once it reached the above mentioned key level.
just recently the pair has broken below its support.
the breakout is considered to be confirmed now.

now I expect a bearish continuation to 115.15

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Idee correlate

about AUDNZD 20

about USDJPY 16

about EURUSD 20

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