Technical Analysis of CHF/JPY for March 18, 2016
The CHF/JPY pair is expected to move lower after testing the 115.40 resistance (R1).
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
