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ChfJpy: Daily forecast/Important Levels!

Tension Eased!

Iran-Us Tension has erased little bit by virtue of President Trump’s last night speech, hence we have been witnessing this in the Asian session today and even last day’s New York session. Therefore we are in view of searching for buying opportunity on this pair,

Preference!

Hence our view is to buy this pair above. 111.70 with stop loss. 111.2550 whereas target could be around, 112.53/112.79 respectfully.

Alternative Scenario!

if we see the break out of 111.25 this pair may found next support around. 110.89/110.66 region.