CHFJPY Kihon Suchi 33 and 42

CHFYPY is in a bullish uptrend.

Considering 3 factors

1. Ichimoku Indicators

2. Price Observation

3. Time Cycles


A scenario is suggested for retracement of this pair in middle of next week around the Kihon Suchi 33 Candle , towards the Daily Tenkan Sen and Support level of 137.50.


Then a turn around the Kihon Suchi 42 candle , with the uptrend E expansion towards 1.4750 (Kihon Suchi 65 Candle) .