CHF/JPY for the week ahead

Hello

There we have a CHF/JPY pair at the daily timeframe.

As we can see the price is slowly breaking out of the range box to the upside.

If the price will close above the box range, we can expect a fast bull run into 118.867

If the price will come back into the box range, we can expect to see the price drop to the box bottom or even lower .