CHFJPY: limited headroom available
Stiff resistance seems between 61.8 and 78.6 fib reactions. Selling between favors the trend aiming to support base initially 112.85.
A breach below could open to a bigger retracement to 112.00/111.80 it's 100MA (weekly), 110.0 it's 100.0fe and 108.00 April 2018 low.
A breach below could open to a bigger retracement to 112.00/111.80 it's 100MA (weekly), 110.0 it's 100.0fe and 108.00 April 2018 low.
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170 pips dn