This is the forex quote for the Swiss Franc - Japanese Yen cross pair. Both of these currencies are often viewed as safe-haven currencies and funding currencies due to their unique financial properties and low interest rates. CHF/JPY reached its lows during the 2008 financial crisis, when it hit ¥74.65. Since then, the pair has traded higher far beyond this level in light of aggressive monetary Japanese easing.
After Brexit, CHF/JPY failed to pose a new low. CHF/JPY getting closer to resistance inside channel line. Price action confined over the last three months between Fibonacci retracements.