Thursday, October 15, 2026

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FxWirePro: CHF/JPY faces strong resistance at 113.90, break below targets 112.50.

Major support – 113.90 CHJPY has formed minor top around 115.38 and started to decline from that level. The pair dipped till 113.96 and is currently trading around 114.33. Any break below 113.90 will drag the pair down t…

By FxWirePro Team
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FxWirePro: CHF/JPY faces strong resistance at 113.90, break below targets 112.50.
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  • Major support – 113.90
     
  • CHJPY has formed minor top around 115.38 and started to decline from that level. The pair dipped till 113.96 and is currently trading around 114.33.
     
  • Any break below 113.90 will drag the pair down till 113.61 (61.8% retracement of 112.56 and 115.38)/113. Short term bearish continuation only below 112.50.
     
  • On the higher side, minor resistance is around 114.40 and any above that level will take the pair till 115/115.32 (Aug 30th low)/115.66/116.

 It is good to sell below 113.90 with SL around 114.40 for the TP of 113/112.58.

 

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