Major support - 109.44 (55- day EMA)
CHFJPY is consolidating after 100 pips jump in the past two days. Markets are trading in a cautious tone ahead of the G20 meeting. The minor jump from 109.44 came after positive comments from Trump on the US-China trade deal. The pair was in an uptrend for the past one week and jumped more than 250 pips from low of 107.61 on account of the trade war and escalation of the Middle East tension has increased demand for Safe-haven assets. The pair hits an intraday high of 110.547 and is currently trading around 110.43.
The near term resistance is around 110.50 and any convincing break above will take the pair to next level till 111.12 (161.8% Fib)/111.97.
On the flip side, near term support is around 109.47 and any break below will take the CHFJPY till 109.17-109.10 (20- day MA/61.8% Fib).
It is good to buy on dips around 109.75-80 with SL around 109.40 for the TP of 111.12.


FxWirePro: GBP/NZD remains weak, eyes 38.2%fib support
Nikkei Surges Past 65,000 on Suspected Yen Weakness: Tech Giants Like Advantest and NEC Lead Explosive Gains
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/NZD remains weak, eyes 38.2%fib support
FxWirePro: EUR/ AUD dips below 1.6400 level, focus on near term support
FxWirePro: GBP/USD rises as soft US data pressures dollar
FxWirePro- Woodies pivot (Major)
FxWirePro: GBP/AUD bears maintain upper hand
FxWirePro: USD/CNY dips to hit three year low,scope for further downside
FxWirePro:USD/JPY climbs back above 160.00 after BOJ rate decision
FxWirePro: USD/CAD retreats after Canada posts stronger-than-expected GDP growth
Major FX Action Bias & US Market Sentiment: NZD/USD (Extremely Bullish) & AUD/USD (Bullish) Watchlist
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/AUD drifts lower after BOE rate decision
US Magnificent 7 Stocks Trend Score: Amazon & Microsoft Hit Extreme Bullish (+100) as Meta Drops to -100 — Key Resistance & Support Watchlist 



