The Swiss franc is trading in an uptrend against the Japanese yen, confirmed by breaking the peak formed at 143.756 and targeting a new peak at 146.430 and 148.079.
The Swiss franc against the Japanese yen started in the direction of a new bullish impulsive trend, forming the wave ((V)) of 3, after the wave ((IV)) ended at 137.167, which is the critical limit that is considered as support for the bullish trend, and any drop below this limit is considered a change in the trend
It is still taking the bullish trend to complete the wave ((Y)) that is supposed to breach the peak formed at the wave ((W)) at 157.979 as the first target of the wave, and the critical limit that supports this rise is 106.742.
Expecting more upside in wave (A) of ((Y)), critical support at 106.742
We are looking for a strong move higher in wave ((Y)) of b, critical support at 106.742