**bearish trend seems to be taking place on the chfjpy pair and that’s according to the green color shown by the Bollinger Bands indicator determining by that the main market direction. A sell signal is indicated from the Simple Moving Average indicator and that is by giving us buy signal.
chfjpy bearish trend can continue , now current price at 113.48 and strong resistent at level 113.68 in hourly time frame. there is possible chance price will move to up side. then next low price is 113.00


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