Ichimoku Analysis (4 Hour chart)
Tenken-Sen- 119.97
Kijun-Sen- 119.46
CHFJPY has halted its 5 days of bearishness and shown a jump of more than 100 pips. The recovery was mainly due to a slight weakness in the yen. USDJPY showed a nice recovery and holding well above 200-4H MA.CHFJPY hits a high of 120.15 and is currently trading around 119.95.
USDCHF is consolidating n a narrow range between 0.97250 and 0.91330. Significant bullishness only if it breaks 0.92380.
Technically, near-term support is around 119.60 and any indicative break below will drag the pair down till 119/118.65.
The immediate resistance is at 120.72 (Jul 13th, 2021 high), any convincing break targets 121/122.
It is good to buy on dips around 1 with SL around 112 for the TP of 113.37/113.89.
Resistance
R1- 120.24
R2- 120.52
R3-120.72
Support
S1-119.65
S2-119
S3-118.65


FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/NZD attracts buying interest, 38.2% fib eyed
FxWirePro- Major Crypto levels and bias summary
AUDJPY Bulls Stay in Control: Buy the Dips Above 103.80 Targeting 106
FxWirePro- Major European Indices
FxWirePro- Major Crypto levels and bias summary
Yen Capitulation Sends GBPJPY to 17-Year Peak – 212.60 Next?
FxWirePro: AUD/USD firms on hawkish RBA meeting minutes
FxWirePro: AUD/USD edges higher ahead of RBA meeting minutes
FxWirePro- Major US Indices
FxWirePro: EUR/AUD uptrend loses steam, remains on bullish path
FxWirePro: USD/JPY retreats as Japan signals possible FX intervention
EUR/JPY Surges on Yen Weakness: Bullish Momentum Eyes 186-187 Targets
FxWirePro: EUR/NZD uptrend loses steam, remains on bullish path
FxWirePro: GBP/USD advances on steady UK GDP growth
NZDJPY Bulls Charge Ahead: Buying the Dips Above 90 for a Shot at 92
FxWirePro: USD/ZAR extends losses ,eyes 16.400 level 



