CHFJPY is trading higher for 2nd consecutive week and jumped more than 180 pips from low of 107.92 level.The previous low was 107.61 (May 9th 2019) and almost like double bottom. Swiss franc is trading higher against all major on renewed trade tension. USDCHF has lost more than 400 pips from its high of 1.02369 due to increase in safe haven demand.It has broken high of 109.63 made on May 22nd 2019 and hits high of 109.72.It is currently trading around 109.667.
The break above resistance 109.65 and this confirms major bullishness, a jump till 110.62 (300- W EMA)/111/111.95.
On the lower side, near term support is around 109.25 (23..2% fib) and any violation below will drag the pair to next level till 108.80/108.50/108/107.60. Any major weakness only below 107.60.
It is good to buy on dips around 109.25-30 with SL around 108.80 for the TP of 110.60/111.


US Magnificent 7 Stocks Trend Score: Amazon & Microsoft Hit Extreme Bullish (+100) as Meta Drops to -100 — Key Resistance & Support Watchlist
FxWirePro: GBP/AUD drifts lower after BOE rate decision
NZDJPY Retreats on Yen Strength – Bearish Setup Targets 90 After Hitting 92.75 Low
FxWirePro: USD/CNY dips to hit three year low,scope for further downside
FxWirePro- Major Pair levels and bias summary
FxWirePro- Woodies pivot (Major)
FxWirePro: USD/ZAR gains as stronger dollar outweighs upbeat South Africa's trade surplus
FxWirePro: NZD/USD consolidates overnight gains, but loses momentum
FxWirePro: EUR/ AUD dips below 1.6400 level, focus on near term support
FxWirePro: GBP/NZD remains weak, eyes 38.2%fib support
Nikkei Surges Past 65,000 on Suspected Yen Weakness: Tech Giants Like Advantest and NEC Lead Explosive Gains
Major FX Action Bias & US Market Sentiment: NZD/USD (Extremely Bullish) & AUD/USD (Bullish) Watchlist
FxWirePro:USD/JPY climbs back above 160.00 after BOJ rate decision
FxWirePro: AUD/USD gains some ground but outlook is bearish
FxWirePro: GBP/USD rises as soft US data pressures dollar 



