CHFJPY Chart Technical Outlook looks for a bottom to resume the bullish trend
CHF/JPY rejects the bullish channel support, meeting the daily and weekly ATR range. Intraday charts are oversold and show bullish divergence. JPY strength could be faded by the sticky ultra-loose BoJ policy.
Current levels could hold and print a bottom to start a bullish cycle.
Eying FOMC minutes and then the Nvidia earnings report. Risk appetite outcome is what the pair needs to go higher.
Resistances: 167.80, 168.40
Supports: 166.60, 165.70
