CHFJPY: Important Bearish Breakout! (forecast)

🔻CHFJPY reached a major key daily resistance cluster yesterday.

On 4h the price was slowing down for quite a while within a rising parallel channel .

The last 4H candle broke and closed below its support.

The breakout is considered to be confirmed and it looks like sell wave is coming.

I would recommend looking for a retest entry for safety reasons.

Goals:

116.5

116.1