Forex: USD/JPY holds below 89.00

19 November 2009 @ 02:25 pm EDT

FXstreet.com (Córdoba) - Greenback failed to break above 89.00 against the Yen and is still facing pressure. USD/JPY has been steady in the last hours trading in a narrow range between 88.85 and 89.00. The pair is falling 0.42% from the opening price and if it ends the day below 89.00 it will be the first time since October 8. Above 89.00 the next resistance is located at 89.15 and above at 89.50

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