Forex: USD/JPY holds below 91.00 ahead of the FOMC

04 November 2009 @ 01:21 pm EDT

FXstreet.com (Córdoba) - The Dollar is consolidating gains against the Yen ahead of the decision of the FED. USD/JPY rebounded at 90.55 and rose back above 90.90. Greenback was unable to break on top of 91.00 but remains near the zone. On the upside the next resistant lies at 91.30 and above at 91.60 (Oct 26 highs). Support on the downside is located at 90.60/55 and below at 90.05/00 (intra-day low).

Copyright 2008 FOREXSTREET S.L, All rights reserved

E-Newsletters

We value your privacy. Your email address will not be shared.