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UnknownUnicorn8360477

What Goes Up Must Come Down? | CHFJPY Short

Short
Swiss Franc / Japanese Yen (FOREXCOM:CHFJPY)  
UnknownUnicorn8360477  
FOREXCOM:CHFJPY   Swiss Franc / Japanese Yen
Support and Resistance Multiple Time Frame Analysis
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supportandresistance mtfa
Price has been bullish since 26th March 2021, and it is due for a correction. I have zoomed out on the higher time frame and spotted monthly resistance at 118.6 level, which price has rejected 3 times since June 2017. Additionally, price is overbought and there is divergence on the 4HR timeframe.

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