. There is a possibility of temporary retracement to suggested support line (116.62). if so, traders can set orders based on Price Action and expect to reach short-term targets.
. CHFJPY is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The is at 60.
TP1= @ 117.25
TP2= @ 117.45
TP3= @ 117.75
TP4= @ 118.15
TP5= @ 118.55
SL= Break below S2
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