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Aussie Retreats Against the Yen: AUDJPY Bears Target 108 as 110 Resistance Holds Firm 
Ichimoku Analysis (4-Hour chart)
Tenken-Sen- 109.51
Kijun-Sen- 109.70
As per our analysis, CHFJPY is trading slightly weak for the 3rd consecutive days. But still stuck in a narrow range between 110.39 and 109.14 for the past 1-month. The pair has shown a minor jump till 109.70 yesterday and is currently trading around 109.35.
The US-China renewed trade deal hope is putting pressure on safe-haven assets like Yen, Gold, etc.USDCHF's trend bias is neutral as long as resistance 1.0030. The pair is consolidating in a tight range and intraday bullishness can be seen only above 0.9980.
On the flip side, near term support stands at 109.15 low made on Oct 28th, 2019, any close below will drag the pair down till 108.56/108.
The major trend continuation can happen only above 110.40 level, a jump till 110.80/112 is possible.
It is good to sell on rallies around 109.45-50 with SL around 110 for the TP of 108.
