Chart pattern- Cup and Handle pattern
Ichimoku Analysis (4-hour chart)
Tenken-Sen- 114.34
Kijun-Sen- 113.85
CHFJPY is trading higher for the past 2-1/2 months and jumped more than 600 pips on the strong Swiss franc. USDCHF hits 4 months low on broad-based US dollar selling and any violation below 0.9300 confirms further weakness.
The pair breaks the cup and handle resistance at 114.65 and is currently trading around 114.77.
On the lower side, near-term support is around 114.34 (Tenken-Sen) and any violation below will drag the pair down till 113.79/113.40/113. The next primary resistance to be watched is 115 and break above that level targets 116.17/117.
It is good to sell on rallies around 114.20-25 with SL around 114.85 for the TP of 113.


FxWirePro: USD/ CNY hits one-month low,scope for futher downside
NZD/JPY Flatlines Near 94.60: Will Key Support Reignite the Uptrend?
FxWirePro: GBP/AUD gains above 1.9200 level , upside pressure builds
Major FX Action Bias & US Market Sentiment: NZD/USD (Extremely Bullish) & AUD/USD (Bullish) Watchlist
Buy the Dips on EUR/JPY: Bullish Structure Points to 188 Target Ahead of Fed
FxWirePro- Major Crypto levels and bias summary
JPY Action Bias: EURJPY and CADJPY Emerge as Extremely Bullish Pairs to Watch
FxWirePro:EUR/NZD gains some upside momentum but still bearish
FxWirePro- Major Pair levels and bias summary
FxWirePro: NZD/USD firms as Kiwi gains on strong ANZ business outlook data
FxWirePro- Woodies pivot (Major)
FxWirePro: USD/CAD slips after Fed holds rates steady
FxWirePro: USD/ZAR firms ahead of Fed interest rate decision
FxWirePro- Major Pair levels and bias summary
EURUSD Spikes to 1.14306 on Fed Pause as Traders Eye Sell-the-Rally Setup 



