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MarcellusLUX

CHF/JPY showing bearish price action at the resistance level

Short
Swiss Franc / Japanese Yen (FX:CHFJPY)  
MarcellusLUX  
FX:CHFJPY   Swiss Franc / Japanese Yen
Trend Analysis Chart Patterns Beyond Technical Analysis CHFJPY chfjpyshort chfjpyanalysis chfjpyforecast chfjpysell chfjpysetup chfjpytrade chfjpyidea
25
4
trendanalysis chartpattern beyondta chfjpy chfjpyshort chfjpyanalysis chfjpyforecast chfjpysell chfjpysetup chfjpytrade chfjpyidea
CHF/JPY is currently struggling to overcome the resistance at 122.50 area.
The last few candlesticks on the 4H chart indicates some bearishness.

So, based on this bearish price action, traders can consider selling the the resistance
with initial target as shown by the arrow marked in my chart.
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