olly48

CHF/JPY Rejection From Resistance

Short
FOREXCOM:CHFJPY   Swiss Franc / Japanese Yen
This has had a big rejection from the resistance level and has continued down to support where it has finally slowed. I expect this to be a brief correction before continuing downwards.

For an entry to a short I want to see this break the support and then retest it as resistance. Then a short can be taken with a target at the next support of 113.819

Comments

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