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CHFJPY: back to major support?

Short
Swiss Franc / Japanese Yen (FX:CHFJPY)  
Peet_Serfontein  
FX:CHFJPY   Swiss Franc / Japanese Yen
Trend Analysis Chart Patterns Technical Indicators
2
0
trendanalysis chartpattern indicator
A price action below 167.75 supports a bearish trend direction.
Bearish confirmation for a break below 167.35.
The target price is set at 165.40 (the major support trendline).
The stop-loss is set at 169.85 (its 23.6% Fibonacci retracement level).
Crossing below its 200-day might support further downside potential.
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