SiriusTrading

FREE ANALYSIS ON CHFJPY - time for the bears

Short
FX:CHFJPY   Swiss Franc / Japanese Yen
FREE ANALYSIS ON CHFJPY


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15 Min
Bearish Momentum found here. Price below all 3MA's.

1 HOUR
Price has just broke down the trendline and also tested it again. We can also see price breaking down off the MA 200 also. Expecting further down on this pair

4 HOUR
We are currently seeing a retracement of the recent bear run which started 30th June. Price broke down the 27day MA and the 100 MA's. Price did test the 200 MA and was rejected. we are now expecting price to test and break this MA 200 level for further bearish momentum.

OVERALL
Expecting more sell. see chart for TP expectations.
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