Major Intraday resistance - 123.88
Intraday support- 122.90
CHFJPY is trading slightly lower after hitting a 5-1/2 year high. The pair was one of the best performers this month, jumped more than 450 pips on the weak Japanese Yen. USDJPY hits three years high on surging US treasury yield and upbeat market sentiment. CHFJPY hits an intraday low of 123.40 and is currently trading around 123.507.
CCI and Woodies CCI analysis-
Both CCI (50) and Woodies CCI are trading above zero lines in the 4-hour chart (but below 100 levels) In Woodies CCI also showing a weak bullish trend.
Technically, near-term support is around 122.90 and any indicative break below will drag the pair down till 122.30/122/121.30.
The immediate resistance is at 124, any convincing break targets 125/125.60.
It is good to buy on dips around 123 with SL around 122.30 for the TP of 124.40/125.


FxWirePro: USD/ZAR edges higher but bearish outlook persists
FxWirePro: AUD/USD bulls struggle to hold on US CPI induced gains
FxWirePro: GBP/USD dips lower on negative UK retail sales data
USDCHF Triple Bottom at 0.7920 Under Threat: Bearish Signals Dominate – Sell Rallies Targeting 0.7865
FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook
FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption
FxWirePro:EUR/AUD eases but bullish outlook persists
CADJPY Pulls Back on Weak Canadian Retail Data: Dips to 113 Prime Buying Opportunity Targeting 116
BTCUSD Dips Post-BOJ Hike: No Swift Tightening Boosts Risk – Buy Around $87K Targeting $100K
FxWirePro: AUD/USD edges higher ahead of RBA meeting minutes
FxWirePro: GBP/NZD retreats slightly but trend is still bullish
FxWirePro: GBP/NZD attracts buying interest, 38.2% fib eyed
FxWirePro: EUR/AUD runs out of steam but maintains bullish outlook
FxWirePro- Woodies Pivot(Major)
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/CAD downtrend slows, but bearish sentiment remains 



