• Major resistance- 114.70 (trend line joining 115.37 and 114.95).
   
• Major intraday support -114.30
   
• CHF/JPY has broken minor trend line resistance 114.70 and slightly jumped from that level .it is currently trading around 114.73.
   
• The intraday trend is slightly bullish as long as minor trend line support 114.30 holds.


• Any close above 114.70 will take the pair to next immediate resistance 115/115.37/115.60. On the lower side, major intraday support is around 114.28 (200- HMA and trend line support) and any convincing break below will drag the pair down till 113.78 (Dec 21st low)/113.19 (Dec 12th low).
  
  It is good to buy on dips around 114.70 with SL around 114.28 for the TP of 115.37/115.60