Major resistance - 109.70-75
CHFJPY has formed almost a double top around 109.70-75 and shown a 100 pips decline. The decline was mainly due to slight weakness in Swiss franc. SNB has kept its rate unchanged at -0.75% and said that rates will low in the coming months. The bank will intervene in the currency market if Swiss franc gains. USDCHF is trading slightly higher and hits one -week high at 0.99671. CHFJPY hits intraday low of 108.609 and is currently trading around 108.70.
On the flip side, near term support is around 108.60 and any violation below will drag the pair to next level till 108/107.60. Any major weakness only below 107.60.
The near term resistance 109.30 high made on Jun 13th and any break above yesterday’s high will take the pair till 109.70-75.Minor trend reversal above 109.75 and jump above targets 110/110.35.
It is good to sell on rallies around 108.75-80 with SL around 109.30 for the TP of 107.6


FxWirePro- Woodies pivot (Major)
AUDJPY Volatile After Massive Sell-Off: Sell Rallies at 113, Targeting 110 as Bearish Momentum Surges
NZDJPY Retreats on Yen Strength – Bearish Setup Targets 90 After Hitting 92.75 Low
FxWirePro: GBP/AUD bears maintain upper hand
FxWirePro: GBP/AUD drifts lower after BOE rate decision
FxWirePro: USD/CAD retreats after Canada posts stronger-than-expected GDP growth
FxWirePro: GBP/NZD remains weak, eyes 38.2%fib support
FxWirePro: GBP/USD rises as soft US data pressures dollar
FxWirePro: GBP/NZD remains weak, eyes 38.2%fib support
AUD/JPY Slips Below 112 as BOJ Intervention Sparks Bearish Momentum: Sell the Rallies
Major FX Action Bias & US Market Sentiment: NZD/USD (Extremely Bullish) & AUD/USD (Bullish) Watchlist
FxWirePro: EUR/ AUD dips below 1.6400 level, focus on near term support
FxWirePro: NZD/USD consolidates overnight gains, but loses momentum
FxWirePro- Major Pair levels and bias summary
JPY Currency Meter Signals: NZDJPY Bullish (+25) vs CHFJPY (-100) – These Pairs Could Move Next
FxWirePro: USD/ZAR gains as stronger dollar outweighs upbeat South Africa's trade surplus 



