Thursday, October 15, 2026

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CHF/JPY breaks major trend line support, targets 122.40

CHF/JPY has broken strong trend line support around 123.53 (trend line joining 122.34 and 123.44) and break below confirms major weakness , a decline till 123/122.60 is possible . On the higher side bullishness can be se…

By Lis Howell
1 min read
CHF/JPY breaks major trend line support, targets 122.40
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  • CHF/JPY has broken strong trend line support around 123.53 (trend line joining  122.34 and 123.44) and break below confirms major weakness , a decline till 123/122.60 is possible .

  • On the higher side bullishness can be seen only above 124. break above 124.10 will take the pair to next target 124.35/124.60.

It is good to sell on rallies around 123.45-50 with SL around 124.10 for the T P of 123/122.30

 

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