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CHFJPY: Important Bearish Breakout!

Short
Swiss Franc / Japanese Yen (FX:CHFJPY)  
VasilyTrader  
FX:CHFJPY   Swiss Franc / Japanese Yen
Trend Analysis Chart Patterns Wave Analysis forecast chf jpy yen japaneseyen swissfranc Forex trading Technical Analysis
26
23
trendanalysis chartpattern waveanalysis forecast chf jpy yen japaneseyen swissfranc forex trading technicalanalysis
snapshot

CHFJPY is trading within a wide horizontal trading range on 4H.

Last week its resistance was reached and the price was coiling for a couple of days on that with multiple rejection.

Today the price has broken a support line of a rising wedge pattern and it is a very strong bearish clue.

Now bearish movement is highly probable.

Goals:
116.65
116.2

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