#CHFJPY is trading within an important support zone, and the bullish outlook remains intact as long as price stays above 200.402.
Holding above this level could attract renewed buying pressure, opening the door for a rebound toward 201.514. A successful breakout may extend gains toward 201.926, with the next bullish objective located near 202.339.
On the downside, a clear break below 200.402 would invalidate the current bullish scenario and increase the risk of a deeper pullback.
📌 Bullish Bias Above: 200.402
🎯 TP1: 201.063
🎯 TP2: 201.514
🎯 TP3: 201.926
🎯 TP4: 202.339
⚠️ Bearish Scenario: Below 200.402
Patience and proper risk management remain essential while monitoring price action around this key support area.
🔥Trading futures, forex, CFDs and stocks carries a risk of loss.
Please consider carefully whether such trading is suitable for you.
This content is not financial advice. Always conduct your own financial due diligence.
>>GooD Luck 😊
❤️ Like and subscribe to never miss a new idea!
Holding above this level could attract renewed buying pressure, opening the door for a rebound toward 201.514. A successful breakout may extend gains toward 201.926, with the next bullish objective located near 202.339.
On the downside, a clear break below 200.402 would invalidate the current bullish scenario and increase the risk of a deeper pullback.
📌 Bullish Bias Above: 200.402
🎯 TP1: 201.063
🎯 TP2: 201.514
🎯 TP3: 201.926
🎯 TP4: 202.339
⚠️ Bearish Scenario: Below 200.402
Patience and proper risk management remain essential while monitoring price action around this key support area.
🔥Trading futures, forex, CFDs and stocks carries a risk of loss.
Please consider carefully whether such trading is suitable for you.
This content is not financial advice. Always conduct your own financial due diligence.
>>GooD Luck 😊
❤️ Like and subscribe to never miss a new idea!
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