Major resistance- 109.66 (Trend line resistance)
CHFJPY has halted its 2- week of weakness and shown a minor jump in past tow trading days.It has declined more than 250 pips from high of 111.97. Swiss franc is gaining against USD after declining more than 3.5% in past one month on easing trade tensions which has decreased demand of safe haven assets.It hits intraday high of 109.75 and is currently trading around 109.709.
The near term major resistance is around 109.66 and any hourly close above confirms minor trend reversal and a jump till 110/110.40/111. The pair should break above 112 for further bullishness.
On the lower side, near term support is around 109.30 and any violation below will drag the pair to next level till 109/108.60.
It is good to buy on dips around 109.50-55 with SL around 109.20 for the TP of 110.38.


FxWirePro:NZD/USD drifts lower, could be on verge of bigger drop
FxWirePro- Major Crypto levels and bias summary
Euro Bulls Charge Past 1.1600: Broad Dollar Sell-Off Ignites Powerful EURUSD Rally
Bitcoin Battles Volatility: Institutional Support Eyes USD 64,000 Floor Amid Geopolitical Tensions
FxWirePro: GBP/USD recovers but bears are not done yet again
FxWirePro: USD/ZAR sustains gains as uptrend remains strong
Ethereum Retreats Toward USD 2,000: Technicals Signal Caution as ETH Mimics Bitcoin’s Pullback
Euro Retreats as Geopolitical Tensions Surge: EURUSD Eyes 1.1400 Floor Amid Safe-Haven Demand
FxWirePro- Major Crypto levels and bias summary
NZDJPY Bears Take Control: New Zealand Dollar Retreats as 92 Resistance Holds Firm
FxWirePro: USD/JPY firms as Trump's address on Gulf war spark fresh concerns
Aussie Retreats Against the Yen: AUDJPY Bears Target 108 as 110 Resistance Holds Firm
FxWirePro- Woodies Pivot(Major)
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/USD outlook weaker on renewed downside pressure
FxWirePro: EUR/ NZD steadies around 2.0150, retains bid tone 



