MarcellusLUX

CHF/JPY showing bearish price action at the resistance level

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FX:CHFJPY   瑞士法郎 / 日圓
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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