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CHF/JPY Wave analysis

Short
Swiss Franc / Japanese Yen (FX:CHFJPY)  
traderpulse  
FX:CHFJPY   Swiss Franc / Japanese Yen
Trend Analysis Wave Analysis priceaction
7
0
trendanalysis waveanalysis priceaction
The counter is currently in a near-term bear cycle.
It has completed its wave 4 and wave 5 is due, as indicated in the chart.
Further it has broken a critical support level which has now turned into resistance.
Hence, we expect the pair to head to the next support level at 109.146.
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