CHFJPY is trading weak for fourth consecutive week and has lost more than 600 pips from the peak. It hits low of 112.17 and is currently trading 112.58.
Short term trend is bearish as long as resistance 113.85-114 holds. The pair has closed below 200 day MA and is trading below trend line support at 112.55. This confirms minor weakness and a decline till 110.50 is possible.
The near term resistance is around 112.67 (200-day MA) and any break above targets 113/113.85 (55- day EMA)/114 (20- day MA).
It is good to sell on rallies around 112.65-70 with SL around 113.50 for the TP of 110.50.


FxWirePro: GBP/USD range-bound as Iran uncertainty keeps traders cautious
FxWirePro: USD/CAD steadies around 1.3990 ,retains bid one
FxWirePro: USD/ CNY falls towards 6.750, bears keep the advantage
FxWirePro: GBP/AUD eases on Geopolitical whipsaw
FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook
FxWirePro: GBP/NZD stuck in range but outlook is bullish
GBPJPY Coil Tightens: Is a Bullish Break Above 215.60 Imminent?
Geopolitical Easing Fuels AUDJPY Rally Toward 115 — Buy Dips at 113
Ethereum Cracks Under $1,700: Sell the Rally Near $1,750 as Bears Eye $1,380–$1,200
FxWirePro: EUR/ NZD uptrend loses steam, remains on bullish path
FxWirePro- Woodies pivot (Major)
FxWirePro: USD/ZAR edges higher, set to stay on back foot
FxWirePro- Major Crypto levels and bias summary
Relief Rally Extends to 112.75, but AUDJPY EMA Structure Favors Selling
Peace Dividend Powers NZDJPY Past 93.50 — Bulls Set Sights on 96.15 Target 



