I tried to make an analysis for the CHFJPY couple today.
I see this pair is still in a strong bearish movement. If the pair can break through the support level of 112.77, I predict this pair will go up to the next support at 112.27 But if the pair rises and breaks the resistance level 113.27, I predict this pair will make a correction to the next resistance level around 113.77
The sell signal is shown from the Simple Moving Average and Bollinger Bands indicators. I suggest to enter Sell with stop loss at 113.12 and take profit at 112.27
Don't use high risk and please stop trading if the target has been reached, we must avoid greed


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Thanks
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