FXstreet.com (Barcelona) - Dollar decline from 90.60 high in November 12 has extended below 89.35/40, with the pair hitting a fresh 5-week low at 88.75, and, despite a slight pick up to levels above 89.00 during Asian session, the Dollar is going down to levels around 88.85 right ahead of Frankfurt opening times.

On the downside, the Dollar could find support at 88.75 (Nov 16 low), and below here, 88.35 (Oct 9 low) and 88.00/25 (Oct 7/Sept 28 low). In case of a rebound from current levels, the pair could find resistance at 89.40/50, and above here, 89.65/75 (Nov 16 high) and 89.90/00.

EUR/JPY bounced on Friday at 132.85, but Euro recovery was capped on Monday's early European session at 134.30, and the pair has given away all gains, dropping to prices at 132.88 low right at Frankfurt opening time. Support levels lie at 132.85 and 132.50. Resistance levels lie at 133.80/00 and 134.35/45.

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