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MarcellusLUX

CHF/JPY showing bearish price action at the resistance level

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Franc suisse / Yen japonais (FX:CHFJPY)  
MarcellusLUX  
FX:CHFJPY   Franc suisse / Yen japonais
Trend Analysis Chart Patterns Beyond Technical Analysis CHFJPY chfjpyshort chfjpyanalysis chfjpyforecast chfjpysell chfjpysetup chfjpytrade chfjpyidea
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trendanalysis chartpattern beyondta chfjpy chfjpyshort chfjpyanalysis chfjpyforecast chfjpysell chfjpysetup chfjpytrade chfjpyidea
CHF/JPY is currently struggling to overcome the resistance at 122.50 area.
The last few candlesticks on the 4H chart indicates some bearishness.

So, based on this bearish price action, traders can consider selling the the resistance
with initial target as shown by the arrow marked in my chart.
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