The CHF/JPY is in a down trend on the D1 time frame. Current support is at 113.00, noted by the yellow line. You can set a price alarm at that point for a sell. Below 113.00 it has potential down to the 111.80 support level. There is a chance it could break the 111.80 support level and continue lower from there on the larger time frames. These forex indicators you see below are exponential moving averages set up on a 5 and 12 time period. Forexearlywarning makes these indicators available free for any trader who like to follow the trends of the forex market. This analysis was conducted using multiple time frame analysis of trends.
Forex Trend Charts CHF/JPY 7-16-2014