What Goes Up Must Come Down? | CHFJPY Short

Price has been bullish since 26th March 2021, and it is due for a correction. I have zoomed out on the higher time frame and spotted monthly resistance at 118.6 level, which price has rejected 3 times since June 2017. Additionally, price is overbought and there is divergence on the 4HR timeframe.
Multiple Time Frame AnalysisSupport and Resistance

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