CHF/JPY intraday: the upside prevails as long as 108.61 is support
Our pivot point stands at 108.61.
the RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the pair is above its 20 and 50 MAs (respectively at 108.76 and 108.60).
the downside breakout of 108.61 would call for 108.29 and 108.11.
the upside prevails as long as 108.61 is support.