FX.co ★ CHF/JPY Technical Analysis , Janaury 27, 2011 (Daily Strategy)

CHF/JPY

A downwards breach of the level is expected to pave the way towards the lower support levels of 84.50 Japanese Yen for one Swiss Franc. A daily close under the 87.00 trigger level will put is in a sell position on the pair with a stop loss order positioned slightly over the last local high around 88.40.