Cross-rate signals: CHF/JPY remains under pressure

The cross-rate CHF/JPY remains in a downtrend, limited to resistance levels: 110.20 and 110.60. In this case, the pair is limited to oversold, which in the end can cause correction to these resistance levels. On the resumption of the decline, one should expect a test of support levels: 109.20 and 108.50-60.