FXstreet.com (Córdoba) - The Dollar found support against the Yen at 91.30 and from there started to recover. USD/JPY rose back above 91.50 to 91.60, currently trades at 91.52/56, 0.32% below today's opening price. The pair is falling for the first session after rising in the last six days. Dollar weakened after the release of new home sales.
According to Valeria Bednarik, collaborator at FXstreet.com the levels to watch in the USD/JPY are 91.85 and to the downside 91.15. She affirms: Expect current dollar bearish momentum to extend across the board, during current session, and market conditions to get thinner as we approach to Christmas,