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CHFJPY: Bearish Outlook Explained 🇨🇭🇯🇵

Short
Franc suisse / Yen japonais (OANDA:CHFJPY)  
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OANDA:CHFJPY   Franc suisse / Yen japonais
Trend Lines Candlestick Analysis Parallel Channel CHFJPY swissfranc jpy yen japaneseyen swing swingtrading swingtrader Contains image
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trendline candlestick parallelchannel chfjpy swissfranc jpy yen japaneseyen swing swingtrading swingtrader containsimage
snapshot

CHFJPY formed an important high momentum bearish candle last week.

With one single candle, the pair violated a lower boundary of a horizontal range,
and the market also closed below a major rising trend line.

It makes me think that the pair may go lower.
Goals: 162.42 / 160.8

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