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Don't miss the great sell opportunity in CHFJPY

Don't miss the great sell opportunity in CHFJPY

Trading suggestion:
. There is still a possibility of temporary retracement to suggested resistance line (117.27). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Technical analysis:
. CHFJPY is in a range bound and the beginning of downtrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 56.

Take Profits:
TP1= @ 115.80
TP2= @ 114.41
TP3= @ 112.00
TP4= @ 110.26
TP5= @ 108.73

SL: Break Above R2

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