The CHFJPY succeeded in surpassing the negative pressures by providing several positive closes above 192.40 support, activating with stochastic positivity and recording several gains by its rally towards 195.65.

Forming extra support at 194.60 level and providing positive momentum makes us expect to form bullish waves, to attempt to reach 196.40, attacking the barrier near 197.65, which represents a confirmation key for the upcoming trading.

The expected trading range for today is between 195.00 and 196.40

Trend forecast: Bullish