Ichimoku analysis
Tenken-Sen- 112.34
Kijun-Sen- 112.63
CHFJPY continues to trade lower after a minor pullback till 112.50. The decline was mainly due to weak Swiss franc against all majors. USDCHF recovered sharply after forming a bottom at 0.96245. It hits a high of 0.9788 and a jump till 0.9845 possible.
On the flip side, the pair is trading below trend line support at 112.20 and a dip till 111.70/111/110.80 likely.


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