Technical analysis CHFJPY for 15.11.2023
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 trading above the Tenkan-se and Kijun-sen lines. The closest resistance is the level 169.580. The closest support is the level 168.850

Key levels
- 170.720, 170.150, 169.580, 168.850, 168.200, 167.550
Trading scenario
- Recommended opening long positions (Buy Stop) from the level of 169.580, with Take Profit of 170.150 and Stop Loss of 169.150
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 168.850, with Take Profit of 168.200 and Stop Loss of 169.150