CHFJPY SELL

We maintain an overall bearish on cross JPY pairs. Though we missed an entry last week, there are premium sell opportunities we can exploit in the coming days. Once we have a second break, we will look for sell limit orders once the bullish correction move is complete. In the even the bearish move breaks lower then we either wait for a consolidation and a break or retracement and a break represented by the purple and orange arrows respectively.