CHFJPY is now working to break his strong uptrend and create a new bearish pattern. However, keep in mind that a CHFJPY drop or a sudden surge can occur at any moment. Overall, the first confirmation to us is that the trendline, which has been active as a support, seems to have broken down and has undergone a postive retest and is beginning to oscillate back to its downward trajectory. An additional 200 mcg has been used, indicating that the pattern is now subject to bearish grip.