CHFJPY on a critical Support from 2021

The CHFJPY pair almost made contact 2 days ago on the September 20 2021 Higher Lows trend-line and is so far seen rebounding. So far today this is contained on the 1D MA200 (orange trend-line). As long as Support 1 (140.200) holds, we are buying targeting just below Resistance 1 at 147.500. If the Higher Lows trend-line breaks, we will close in loss and go short instead, targeting the 0.5 Fibonacci level at 134.500.

Tradingview link:

https://www.tradingview.com/chart/CHFJPY/61PL3bQI-CHFJPY-on-a-critical-Support-from-2021