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Trader, analyst and instructor with a 6-year experience

UBS: view on USD/JPY and USD/CHF

Bullish on USD/JPY:

Any downside should be limited as bullish conditions persist. Support is at 98.78 ahead of 97.64. Resistance is at 101.53 ahead of 103.74, indicating a bullish outlook.

Chart. Daily USD/JPY

 

Bearish on USD/CHF:

Support at 0.9265, a breach of which would trigger a deeper sell-off to 0.9147. Resistance is at 0.9371 ahead of 0.9456.

Chart. Daily USD/CHF

JPY
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