#CHFJPY: A Great Start To Strong Sell Move +1300 Pips Move! CHF/JPYOANDA:CHFJPYSetupsfx_🔺The CHFJPY pair has been declining from our designated area which we marked since the price reached 203. The price has dropped significantly since the Bank of Japan intervened in the market. It has fallen sharply from our entry point and continues to decline. Consequently, there are two potential zones from which the price could resume its selling move. 🔺The first is at the 50% equilibrium level and the second is if the price extends further near our second entry point. There is only one target with this sell setup but take profit levels can be placed at 190, 185 and 180. 🔺The final target can be placed at 180 if fundamental factors do not change in the coming weeks. This is a swing selling opportunity that could generate substantial returns for this setup to fully realise its targets and parameters.