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FxWirePro- Major Pair levels and bias summary 
As per our analysis CHFJPY has shown a heavy sell-off of more than 100 pips and hits low of 115.90 level. The pair has lost more than 150 pips this week on broad based Swiss franc selling. It is currently trading around 116.17.
On the lower side, near term support stands around 115.70 (20- day MA) and any violation below will drag the pair down till 114.83/114.07 (55- day EMA). The pair should close below 115.60 for further weakness.
The near term major resistance is around 116.50 and any violation above will take the pair to next level till 117/117.55/118.06/118.60/119.
It is good to sell on rallies around 116.55-60 with SL around 117.60 for the TP of 115.80.
