Major Intraday resistance -150.20
Intraday support- 149.50
CHFJPY recovered more than 100 pips from the minor bottom 117.54 on board-based Swiss franc strength. The risk aversion in global markets due to Evergrande financial is supporting the Swiss franc at lower levels. It hits an intraday high of 118.47 and is currently trading around 118.434.
CCI and Woodies CCI analysis-
Both CCI (50) and Woodies CCI is above zero lines (bullish trend)
2. It has formed Zero line reject (CCI (14) has declined from 191 to 71 and now trading around 167.
In Woodies CCI six consecutive bars above zero confirms intraday bullishness.
Technically, near-term support is around 118 and any indicative break below will drag the pair down till 117.54/117.
The immediate resistance is at 118.78, any convincing break targets 119.60/120.
It is good to buy on dips around 118.40-42 with SL around 118.12 for the TP of 118.80/119.25.


FxWirePro: GBP/USD dips on UK GDP data miss
FxWirePro: EUR/CAD gaining momentum for a move towards 1.6250 level
Euro Refuses to Die: EUR/JPY Holds 182.50, Eyes 184 Breakout
EUR/JPY Retreats: Yen Strength Caps Rally, Bearish Bias Intact Below 183.15
FxWirePro: EUR/CAD gives back chunk of early gains, eyes another drop
FxWirePro- Major European Indices
FxWirePro: NZD/USD weakens as RBNZ quashes rate hike talk
ETHUSD Dips Below $3000 on BOJ Rate Hike Fears: Buy the Dip at $2700, Targeting $4000?
CAD/JPY Dips on Soft Canadian CPI: Buy the Dip to 115?
FxWirePro: USD/CNY outlook weaker on renewed downside pressure
FxWirePro: GBP/USD steadies ahead key data, BoE event risk
FxWirePro: GBP/NZD ticks down after UK GDP data disappoints
FxWirePro: AUD/USD dips on soft China data
FxWirePro: GBP/AUD gives up early gains after UK GDP shock
NZD/JPY: Bearish Momentum Builds — Sell the Rallies Below 90.90 for a Slide Toward 88.00 



