CHFJPY Peaks at 204.35 Amid Rising BOJ Intervention Speculation

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CHFJPY Peaks at 204.35 Amid Rising BOJ Intervention SpeculationCHF/JPYOANDA:CHFJPYKlejdiCuniCHFJPY Peaks at 204.35 Amid Rising BOJ Intervention Speculation It seems that the peak for CHFJPY was also reached at 204.35. The price has already reacted on fears that the BOJ is preparing for another major intervention to bring price stability to JPY pairs that are already facing significant weakness not only from the oil price but also from market speculation. Today, Japan's Finance Minister Katayama confirmed that Japan is coordinating closely with the US on currency, with both sides actively monitoring the markets. This could turn the focus on BOJ actions. Timing is unknown. Main targets: 201.85 200.35 198.520 You can find more details on the chart. Thank you and good luck! 🍀 ⚠️PS: Do your own analysis and use your own strategy to join the trade. ❤️ If this analysis helps your trading day, please support it with a like or comment ❤️