CHFJPY

CHFJPY- The resistance level (118.00) has been hold for quite a while now with several attempt to push lower but there is a mini support level at 116.30 that price struggles to break below. This resistance level stand as a barrier preventing price from pushing lower. We need to see a full body break of this level before a sell trade

Entry: Depending on your trading style, I suggest you lower to smaller TF for a break of the mini level, I always advice a retest or bearish corrective structure as confirmations but some are a little more aggressive with their entry.

SL & TP Ensure SL is placed above resistance level and for a swing trade, FINAL TARGET around 113.76