CHFJPY Chart Technical Outlook

CHFJPY Chart Technical Outlook is ready to trade higher on a 50 bps hike today, while a 25 bps as the calendar forecast is priced and may trigger a downside correction after such a rally.
The pair trades in a rising channel and has room to go higher, but it is overbought. All eyes are on the SNB decision after a few minutes.
Resistances: 159.90, 160.50
Supports: 158.60, 158.00, 157.25

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