FXstreet.com (Barcelona) - The Yen is being favoured on renewed risk aversion, and USD/JPY extended downtrend reaching a fresh six-week low at 92.35 during European session. The pair picked up afterwards reaching levels around 92.65 at the moment of writing.

Initial resistance levels lie at 92.90/00 intra-day high and above here, 93.40 /45 (Sept 1 high) and 93.70/85. On the downside support levels lie at 92.35/50 area, and below here, 92.00 and 91.70/80 (Jul 8 and 13 low).

GBP/JPY fell to another 6-week low at 149.00 extending losses from 2009 high at 163.10 on August 7. At the moment, the Pound is trying to pick up testing 150.00. Support levels lie at 149.00 and 148.00. On the upside, resistance levels are 150.25 and 150.60.

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