CHFJPY moving in range creating short opportunity

Hello traders as we can see on daily chart that CHFJPY is moving in specific range i.e 118.00 - 110.00 creating nice up and down trends. Now price is about test strong support level which could create a down trend and price could drop to 50% or even 61.8% fib level. Once support level is tested and price is unable to pullback strongly from that level we can take a nice short opportunity.

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