FXstreet.com (Buenos Aires) - USD/JPY Current Price: 89.89. Wall Street gains favor the recovery in the pair, that remained capped by the 90.00 level, still far under 90.40 100 SMA in the daily. Turning bearish in the hourly, pair is quite close to first support around 89.75/80 zone.
Bigger time frames have no clear bias yet show pair losing past hours strength, supporting the downside, said Valeria Bednarik, collaborator at FXstreet.com.
Support levels: 89.75 89.20 88.80. Resistance levels: 90.10 90.40 90.80.