Major Intraday resistance - 140
Intraday support- 138
CHFJPY breaks significant trend line support and holds below that level. The Japanese yen gained strength after shooting Japan's ex-PM. The weakness in the Swiss franc against the US dollar on the board-based US dollar also puts pressure on this pair. Technically, in the 4-hour chart the pair trades below short-term ( 21 and 55 EMA) and above the long-term 200- EMA (138.01) moving average. CHFJPY hits an intraday low of 138.37 and is currently trading around 138.80.
CCI and Directional movement index analysis-
CCI (50) - Bearish
ADX - Bearish
Technically, near-term support is around 138 and any indicative break below will drag the pair down to 137/136. The immediate resistance is at 139.40, and any convincing break targets 140/140.85/141.95.
It is good to sell on rallies around 139.15-20 with SL around 140 for TP of 136.


FxWirePro: USD/CAD positions for another climb, eyes 1.4150 level
BTC, ETH, SOL, XRP, and BNB: Major Crypto Pairs Stay Neutral
FxWirePro: GBP/NZD gains some ground but outlook is bearish
FxWirePro: EUR/AUD neutral in the near term, scope for downward resumption
FxWirePro: EUR/NZD firms after ECB holds rates steady at 2.25%
FxWirePro :USD/JPY eases slightly, remains on bullish path
FxWirePro: USD/ZAR retreats slightly but bias is bullish
FxWirePro: AUD/USD uptrend loses steam, remains on bearish path
FxWirePro: AUD/USD gains on Iran-US truce hopes, risk rally
FxWirePro: GBP/USD downtrend loses steam but outlook still bearish
FxWirePro: GBP/AUD under pressure as pound continues to weaken
FxWirePro: EUR/NZD downside pressure builds, key support level in focus
FxWirePro: USD/CAD edges lower but bullish outlook persists
FxWirePro: USD/CNY dips as yuan firms on improving risk appetite
FxWirePro- Woodies pivot (Major)
FxWirePro: NZD/USD gains as U.S.-Iran peace hopes boost risk sentiment 



