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CHF/JPY Potential Upward Movement

CHF/JPY Long-Term Trend: Bullish

Key Resistance Levels: 167.908, 168.145, 168.878

Key Support Levels: 167.031, 166.704, 165.859

Daily Chart:

The price on the higher time frame has been in an uptrend recently after it tested the support level of 158.705 and bounced back. The pair has broken a few levels and a trendline is also broken which indicates signs of trend continuation.

CHF/JPY Medium-Term Trend: Bullish

1-Hour Chart:

On the lower time frame, the pair is moving in the major trend’s direction. It broke a consolidation zone of 162.134 and 163.672 and has sustained above that. As of now the pair has broken and retested a minor level of 164.362 before continuing the momentum.

Signal Idea:

Buy Stop Order @ 167.240

TP @ 167.891

Stop Loss @ 166.589

Trade Safely 🙂

About Vipul Rathaur

A trader with more than six years of experience, Vipul is a discretionary trader and uses multi time frame analysis for his analysis and price action for his trade signals. Believes that risk management is the secret to making it in this world. He trades major Forex pairs, Indices, and Commodities.


  1. Hit my take Profit!!!

  2. I have placed my trade yesterday is it sill going on? Bcz it has not hit My tp yet!

  3. wait when do i take it??
    when it reaches 167.240??

  4. Hey, is the trade still valid

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