Disclaimer - I could be wrong/Trade at your own risk...
If it closes as it is, I'm going bullish on this pair. If not. I leave it alone.
Buy Bottom of channel with 0.500 Fib support Target 118.461 - 450 pips Short stop 112.370 if breakout below channel FX:CHFJPY
This is only a trading capability - no recommendation !!! Next week i`ll confirm or change my opinion about this SetUp :) Buying/Selling or even only watching is always your own responsibility ... Best regards Aaron