CHF/JPY is approaching its resistance at 111.32 (76.4% & 61.8% Fibonacci retracement, horizontal overlap resistance) where it is expected to reverse down to its support at 109.45 (38.2% Fibonacci retracement, horizontal swing low support).
Stochastic (55, 5, 3) is approaching its resistance at 96% where a corresponding reversal is expected.
CHF/JPY is approaching its resistance where we expect to see a reversal.
Sell below 111.32. Stop loss 112.71. Take profit at 109.45.
