The CHFJPY price needs positive momentum until this moment, providing new sideways trading by its fluctuation near 189.20 support, forming confirmation key for the main trend in the near and medium trading.
The stability above this support makes us wait for gathering the positive momentum to begin activating the bullish corrective trend by its rally towards 190.55, then attempts to reach the next barrier at 192.20, while breaking the support and providing a negative close below it will confirm its readiness to resume the negative trend, to expect suffering new losses by reaching 188.30 and 187.55 initially.
The expected trading range for today is between 189.00 and 190.50
Trend forecast: Bullish
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