Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (133.01).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. CHFJPY is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 77.
Take Profits:
TP1= @ 134.93
TP2= @ 136.25
TP3= @ 138.07
TP4= @ 139.56
TP5= @ 141.65
SL= Break below S2
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