Technical analysis CHFJPY for 30.01.2024
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 171.420. The closest support is the level 170.440

Key levels
- 172.500, 171.830, 171.420, 170.440, 169.580, 169.000
Trading scenario
- Recommended opening long positions (Buy Stop) from the level of 171.420, with Take Profit of 171.830 and Stop Loss of 170.950
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 170.440, with Take Profit of 169.580 and Stop Loss of 170.950