Candle stick pattern - Shooting star
As per our analysis CHFJPY has halted its bullishness for a while after a rapid jump of more than 200 pips in previous week. It hits high of 118.06 and declined more than 100 pips. It is currently trading around 116.90.
On the lower side, near term support stands around 116.60 (7- day MA) and any violation below will drag the pair down till 116.14/115.30 (20- day MA). The pair should break below 115.74 low made on Sep 19th 2018.
The near term major resistance is around 117.55 and any violation above will take the pair to next level till 118.06/118.60/119.
It is good to sell on rallies around 117-117.10 with SL around 117.60 for the TP of 115.80.


FxWirePro- Major Pair levels and bias summary
FxWirePro:EUR/NZD downtrend Intact, eyes 1.9500 level
All Major JPY Pairs Hit Extreme Bearish Score of -100: USDJPY, EURJPY, GBPJPY, AUDJPY, NZDJPY & CADJPY Flash Maximum Weakness
FxWirePro: USD/ZAR gains as stronger dollar outweighs upbeat South Africa's trade surplus
FxWirePro: NZD/USD turns lower as USD regains footing
FxWirePro: GBP/AUD consolidating around 1.9185, bias is bearish
FxWirePro: USD/CNY downtrend loses steam, remains on bearish path
Forex Scorecard: EUR/USD, GBP/USD, and NZD/USD Stand Out as Prime Bullish Opportunities
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/AUD bears maintain upper hand
FxWirePro- Major Pair levels and bias summary
NZDJPY Bears Stay in Command: Sell Rallies at 92.72-75 Targeting 90 as All EMAs Flash Red
FxWirePro- Woodies pivot (Major)
FxWirePro: USD/CAD retreats after Canada posts stronger-than-expected GDP growth
FxWirePro- Major Crypto levels and bias summary 



