CHFJPY is trading higher for past four trading days and jumped more than 150 pips from low of 107.92 level.The previous low was 107.61 and almost like double bottom. Swiss franc is trading higher against USD and USDCHF has lost more than 400 pips from its high of 1.02369 due to increase in safe haven demand.It hits intraday high of 109.446 and is currently trading around 109.19.
The near term resistance is around 109.55-63 (55- H EMA) and any break above will take the pair to next level till 110/110.35.
On the lower side, near term support is around 108.80 (38.2% fib) and any violation below will drag the pair to next level till 108.50/108/107.60. Any major weakness only below 107.60.
It is good to buy on dips around 109 with SL around 108.50 for the TP of 110.35.


Major European Indices Score Extremely Bullish: DAX Eyes 26000, CAC Targets 8600, FTSE100 at 11000 – Key Levels to Watch
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Major Pair levels and bias summary
NZDJPY Retreats on Yen Strength – Bearish Setup Targets 90 After Hitting 92.75 Low
US Magnificent 7 Stocks Trend Score: Amazon & Microsoft Hit Extreme Bullish (+100) as Meta Drops to -100 — Key Resistance & Support Watchlist
FxWirePro: GBP/NZD remains weak, eyes 38.2%fib support
FxWirePro: GBP/USD rises as soft US data pressures dollar
FxWirePro: NZD/USD consolidates overnight gains, but loses momentum
Nikkei Surges Past 65,000 on Suspected Yen Weakness: Tech Giants Like Advantest and NEC Lead Explosive Gains
FxWirePro: USD/ZAR gains as stronger dollar outweighs upbeat South Africa's trade surplus
FxWirePro: USD/CAD retreats after Canada posts stronger-than-expected GDP growth
FxWirePro- Major Pair levels and bias summary
NZDJPY Bullish Rebound: Buy Dips as EMAs Align for 97 Target
Major FX Action Bias & US Market Sentiment: NZD/USD (Extremely Bullish) & AUD/USD (Bullish) Watchlist
AUD/JPY Slips Below 112 as BOJ Intervention Sparks Bearish Momentum: Sell the Rallies 



