Technical analysis CHFJPY for 09.01.2024
The Tenkan-sen line is located above the Kijun-sen line. Both lines are horizontal. Confirmatory line Chikou Span is above the price chart. In this case, the cloud is ascending. Instrument is traded between Tenkan-se and Kijun-sen lines. The closest resistance is the level 170.720. The closest support is the level 169.580

Key levels
- 172.250, 171.420, 170.720, 169.580, 169.000, 168.200
Trading scenario
- Recommended opening long positions (Buy Stop) from the level of 170.720, with Take Profit of 171.420 and Stop Loss of 170.150
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 169.580, with Take Profit of 169.000 and Stop Loss of 170.150