CHFJPY currency pair recently broke above the key resistance level 125.400 (which has been reversing the price from the start of January). The breakout of the resistance level 125.40 accelerated the active impulse waves 3 and (5). Given the strength of the active daily uptrend and the continuation of the Swiss inflows, CHFJPY currency pair can be expected to rise further toward the next resistance level 127.000 (top of wave (3) from the start of January and the traget for the completion of the active impulse wave 3).