Adam-

CHFJPY targets 102 following Breakdown.

Short
FX:CHFJPY   Swiss Franc / Japanese Yen
Pair broke over 2 and half year long trendline support last week and I was waiting for a price action sell signal near trend line. This week the pair clearly retested TLS as a new TLR and rejected. It is a sign that we may see further downside for the coming weeks. My target for the pair is 102 major support zone in the coming days or weeks. This will give me a nice Risk to Reward Sell setup. Many thanks and happy trading.
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