Major support = 114.70 (trend line support)
CHFJPY was consolidating in narrow range for past one week between 114.89 and 115.66. The pair has formed temporary top around 116.47 and is currently trading around 114.58.
Short term trend is slightly bearish as long as resistance 115.66 holds. Any break above 115.66 will take the pair to next level till 116.05/116.50/117.
On the lower side, 114.50 (50% retracement of 115 and 116.47) will be acting as major support any violation below will drag the pair down till 113.50/112.50.
Overall bullish invalidation only below 112.50.
It is good to sell on rallies around 114.75-80 with SL around 115.20 for the TP of 113.50/112.50.
Resistance
R1- 115
R2 115.66
R3- 116.05
Support
S1- 114.50
S2-113.50
S3-112


FxWirePro: USD/JPY dips as yen strengthens ahead of BOJ policy meeting
FxWirePro: EUR/NZD advances as kiwi weakness after RBNZ's Breman comments
FxWirePro: EUR/CAD gaining momentum for a move towards 1.6250 level
FxWirePro: EUR/AUD uptrend loses steam, remains on bullish path
FxWirePro: USD/CAD slides as U.S. dollar weakens after jobs data
FxWirePro: AUD/USD uptrend loses steam, remains on bullish path
USD Loses Shine: Soft Labor Market and Stalling Consumer Spending Drag USDCHF Lower
FxWirePro- Major Pair levels and bias summary
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/USD gains as UK manufacturing PMI beats expectations
FxWirePro: EUR/NZD edges lower but bullish outlook persists
Yen Surge Dims NZDJPY Shine: Bearish Trend Holds Below 91 Resistance
Yen Power Play: AUDJPY Crumbles Below 103.70 Resistance
FxWirePro- Major European Indices
FxWirePro: USD/ZAR extends losses as dollar drops after delayed U.S. data
UK Economy Accelerates, But GBP/JPY Stays Capped – Sell Toward 206 



