CHFJPY DAILY DOWNTREND CONTINUATION

CHFPJY has been following a continued downtrend since July 2015 and it appears that it is to carry on that trend.

MA's all confirming the continued downtrend.

A weekly close below the critical level will confirm my short entry.

Watching out for price action at these key levels, looking for signs of reversal to invalidated the trade.

Looking to enter below 107 following a clear break.

***Always assume the markets are fighting against you***