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:
First Target:

The zone 177.569 – 177.792.
The price might reverse if it stabilizes below this resistance.
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.

​  [#item_full_content]