CHF/JPY: down she goes on a potential Trump victory
Currently, CHF/JPY is trading at 106.18, down -1.15% on the day, having posted a daily high at 107.62 and low at 105.59.
CHF/JPY was a cross that was picked out with the Yen being the markets favoured safe haven play vrs the swissy that of late has become a concern to markets due to the SNB's recent hand and intervention that roiled markets in the not so distant history of upsets in the FXSpace.
NY Times puts Trump chance of winning now at 91%!
CHF/JPY levels
With spot trading at 106.18, we can see next resistance ahead at 106.24 (Daily Classic S3), 106.33 (Weekly Classic PP), 106.38 (Hourly 200 SMA), 106.56 (Hourly 100 SMA) and 106.60 (Daily Classic S2). Support below can be found at 105.86 (Daily 20 SMA), 105.74 (Weekly Low), 105.70 (Weekly Classic S1), 105.59 (Daily Low) and 105.18 (Daily 100 SMA).