Major Intraday resistance - 128
Intraday support- 127.50
CHFJPY continues to trade higher for a second consecutive week and surged more than 300 pips. It is holding well above long-term trend line resistance The weakness in yen across all majors due to surge in US treasury yield is supporting pair at lower levels. CHFJPY hits an intraday high of 128.76 and is currently trading around 128.723.
CCI and Directional movement index analysis-
Both CCI (50) and ADX show an uptrend in the weekly chart. It confirms bullish trend continuation.
Technically, near-term support is around 127.50 and any indicative break below will drag the pair down till 126.59/126. The immediate resistance is at 128, any convincing break targets 129/130.
It is good to buy on dips around 128.40-45 with SL around 127.50 for the TP of 130.


NZDJPY Action Bias: Bullish Dip-Buying Opportunity on Broad Yen Weakness
FxWirePro :USD/JPY eases slightly, remains on bullish path
Major Pair Action Bias: Bullish Pairs to Watch Out For
FxWirePro- Major Crypto levels and bias summary
GBPJPY Slips After Sterling Weakness, Bears Eye 216
FxWirePro- Major Pair levels and bias summary
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/AUD under pressure as pound continues to weaken
NZDJPY Bullish Dip-Buy Setup: 93.60 Support Unlocks Path to 97
FxWirePro: GBP/USD downtrend loses steam but outlook still bearish
JPY Action Bias: Bullish Pairs to Watch Out For
FxWirePro- Major Pair levels and bias summary
Major Pairs Action Bias: USDCHF Emerges Extremely Bullish as EURUSD and GBPUSD Turn Deeply Bearish
FxWirePro- Woodies pivot (Major)
FxWirePro: GBP/NZD downside pressure builds, key support levels in focus 



