Major Intraday resistance - 122
Intraday support- 121.35
CHFJPY continues to trade higher for the sixth consecutive day and surged more than 350 pips n weak Japanese yen. The upbeat market sentiment has decreased demand for safe-haven assets like the yen. USDJPY hits three year high and holding above 112.50. The Swiss franc is trading flat against the US dollar. It should cross 0.9320 for further direction. CHFJPY hits an intraday high of 121.939 and is currently trading around 121.80.
CCI and Woodies CCI analysis-
Both CCI (50) and Woodies CCI are trading above zero lines in the 4-hour chart (bullish trend). In Woodies CCI also bullish trend confirmed.
Technically, near-term support is around 121.35 and any indicative break below will drag the pair down till 120.80/120.
The immediate resistance is at 122, any convincing break targets 122.75/123.
It is good to buy on dips around 121.50 with SL around 121 for the TP of 123.


GBPJPY Rockets Post-BOJ Hike: Bullish Surge to 210 in Sight – Buy Dips Targeting 212
EURJPY Surges Post-BOJ Hike: Bullish Momentum Builds – Buy Dips Targeting 185
FxWirePro: GBP/AUD moves lower on weak UK data
USDCHF Triple Bottom at 0.7920 Under Threat: Bearish Signals Dominate – Sell Rallies Targeting 0.7865
FxWirePro: EUR/NZD uptrend loses steam but outlook still bullish
FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption
FxWirePro: GBP/NZD attracts buying interest, 38.2% fib eyed
NZDJPY Whipsaws After BoJ Hike: Buy-the-Dip Setup Above 89 With Eyes on 92
FxWirePro: USD/CAD downtrend slows, but bearish sentiment remains
FxWirePro- Major European Indices
CADJPY Pulls Back on Weak Canadian Retail Data: Dips to 113 Prime Buying Opportunity Targeting 116
FxWirePro: GBP/NZD retreats slightly but trend is still bullish
BTCUSD Dips Post-BOJ Hike: No Swift Tightening Boosts Risk – Buy Around $87K Targeting $100K
FxWirePro: GBP/USD dips lower on negative UK retail sales data
FxWirePro- Major Pair levels and bias summary
FxWirePro: EUR/AUD runs out of steam but maintains bullish outlook 



