EliteTradingSignals

CHF/JPY BEARS ARE STRONG HERE|SHORT

Short
FX:CHFJPY   Swiss Franc / Japanese Yen
Hello,Friends!

CHF/JPY pair is in the uptrend because previous week’s candle is green, while the price is obviously rising on the 3H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 169.798 because the pair overbought due to its proximity to the upper BB band and a bearish correction is likely.

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