SUBSCRIBE TO FEEDFXstreet.com (Barcelona) – The Japanese yen continues to appreciate against other majors this morning with the Nikkei showing broad losses over the Asian session. The pressure is causing the CHF/JPY to extend downward, with the pair already shedding around 30 pips before finding support around the 82.50 zone.
The pair currently trades at 82.51 after touching a new intraday low of 82.44 just prior. With further slightly bearish tendencies, immediate support is listed at 82.44 and later 82.23. On the upside, resistance is placed at 82.65 and later 82.76.
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