Based on the previous analysis, the CHF/JPY pair is expected to
move lower after testing the 115.40 resistance (R1) once again.
Consider holding short positions with a stop loss just
above R1, targeting either S1 (114.10) or S2 (113.60) as the final target for a potential upcoming wave down.
Support: 114.10, 113.60
Resistance: 114.90, 115.40
The material has been provided by InstaForex Company – www.instaforex.com
The post Technical analysis of CHF/JPY for March 18, 2016 appeared first on forex-analytics.press.