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CHFJPY May Drop! Daily TF Analysis

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Franc Swiss / Yen Jepang (FX:CHFJPY)  
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FX:CHFJPY   Franc Swiss / Yen Jepang
Trend Analysis Chart Patterns Wave Analysis Forex trading Technical Analysis chf jpy CHFJPY swissfranc yen japaneseyen
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trendanalysis chartpattern waveanalysis forex trading technicalanalysis chf jpy chfjpy swissfranc yen japaneseyen
snapshot

hey traders,

after breaking below the support of a symmetrical triangle
the market has retraced and now it is retesting the broken support.

broken support matches perfectly with a horizontal structure resistance level 109.6

I believe that bets are very high that we will see a bearish continuation in the direction of the recent breakout.

The initial target is 109.0
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