CHFJPY POSSIBLE SHORT ONCE PRICE REJECT OFF THE S/R, EMA AND FIBCHF/JPYOANDA:CHFJPYekhalekha247WEEKLY is bearish this is the 1st weekly candle close under 20 week ( it could be fake out) since 31 march 2025 this first time a weekly candle is closing below 20 week ema price is respecting 203.978 level as resistance multple times each time price reaches 203.978 bull keep getting rejected DAILY price is under 20 day ema, price has made lower high and lower lower after breaking the 200.678/200467 support level waiting for a pullback to 200.678/200.469 previously broken support to turned resistance and 20 day ema to align with 200.678/200.469 level were 20 day would act as dynamic resistance in confluence with support turn resistance, fib level market has corrected back to previously broken level of structure after making lower high and lower low while still under 20 day EMA in confluence with fib zone look for bearish rejection candle as confirmation for sell