CHF/JPY - Lovely Downside Potential

OANDA:CHFJPY   Swiss Franc / Japanese Yen
We've seen a pullback, lower high formed and more downside over the last couple of days. We're riding price down, long term targets around 117.80

Technically wise, we have seen a break from ascending structure, overextended bullish cycle, hawkish JPY outlook, price retraced to test trendline and key level in the market.