FXstreet.com (Buenos Aires) - USD/JPY Current Price: 91.08. Fair fall extend close to the 90.60 support, 100 SMA in the daily chart, from where the pair slightly rebound to current levels. With hourly indicators suggesting upside corrective movement could extend, and same picture in 4 hours charts, pair should extend current upside movement if manages to break above first resistance around 91.40.
Stocks could weight against the cross, and send it lower if further risk aversion is seen after Nikkei opening, said Valeria Bednarik, collaborator at FXstreet.com.
Support levels: 91.00 90.60 90.30. Resistance levels: 91.40 91.80 92.30.