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Forex pairs in this Article » AUD/JPY, CAD/JPY, EUR/JPY, USD/JPY (San Francisco) - The Japanese yen has fallen to multi-month lows against its major trading counterparts this Wednesday, as traders continue to price in expectations of monetary expansion by the Bank of Japan.

USDJPY now trades at 81.90, with key resistance noted at 82.15 (April 18 high). Sean Lee, founder of FXWW says "USDJPY should now find support at 81.50." EURJPY has rallied above resistance near 104.80 to trade as high as 104.96. "CADJPY looks to have made a decisive bullish break above 81.50," says Mr. Lee, and spot has traded as high as 82.18 so far this Wednesday. For AUDJPY, price has broken above prior highs at 84.85 and, according to Lee, "sell orders are mentioned at 85.30/40."
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