Technical Analysis for CHF/JPY

Technical Analysis for CHF/JPY



📊 Technical Analysis for CHF/JPY 🔥

🔴 Current Resistance:
The level 175.328 – 175.180 represents a key resistance zone, and the price is expected to pull back from this area.

🟢 Support Zone:

Strong support is located at 173.804.
This zone shows strong buyer activity, allowing the price to gain momentum for a potential upward move to break previous highs.
📈 Expected Upside Targets:
1️⃣ First Target:

The zone 177.569 – 177.792.
The price might reverse if it stabilizes below this resistance.
2️⃣ Second Target:

If the price breaks and holds above the first resistance, the next target will be the zone 180.261 – 180.523.
✨ Important Notes:

This analysis is for educational purposes only. 📚

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