Overall trend : Bullish
Ichimoku Analysis (Hourly chart)
Tenken-sen- 115.96
Kijun-Sen- 115.94
Trend reversal level (intra day)- 116.27 (161.8% fib)
As per our analysis CHF/JPY was trading higher after a minor decline of 40 pips from the high of 116.08. The pair has broken yesterday’s high of 116.08 and jumped till 116.21.It is currently trading around 116.20.
On the lower side, near term support is around 115.69 (23.6% fib) and any break below will drag the pair to next level till 115.20/114.85 (200- H MA)/114. Any break below 114 will drag the pair to next level till 113.
The near term major resistance is around 116.27 (161.8% fib) and any break above will take the pair to next level till 116.50/117/117.43 (88.6% fib).
It is good to buy on dips around 116.116.10 with SL around 115.40 for the TP of 117.42.
Resistance
R1- 116.27
R2 - 117
R3- 117.42
Support
S1- 115.65
S2- 115.20
S3- 114.85


FxWirePro: USD/ZAR neutral in the near-term, scope for downward resumption
FxWirePro: EUR/NZD uptrend loses steam but outlook still bullish
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/JPY catches bid ahead of BoJ meeting
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/USD climbs above 1.34 after BoE's relatively hawkish cut
FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption
FxWirePro: GBP/AUD dive post-CPI short-lived as traders prepare for BoE decision
FxWirePro- Woodies Pivot(Major)
FxWirePro: AUD/USD struggle to extend its recovery,good to sell on rally
FxWirePro: EUR/NZD steadies ahead of ECB meeting
GBP/JPY Surges Post-BoE Cut: Bullish Momentum Eyes 210 as Support Holds at 207.80
NZDJPY Whipsaws After BoJ Hike: Buy-the-Dip Setup Above 89 With Eyes on 92
FxWirePro: USD/CAD downtrend slows, but bearish sentiment remains
NZDJPY: Sell the Rallies as Bears Guard 90–91 Resistance Zone
AUD/JPY Stalls Ahead of BOJ Decision: Sell on Rallies as Bearish Bias Holds Below 103.70
FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook 



