FXstreet.com (Barcelona) - Dollar recovery from 88.80 low on Oct 14 was capped at 91.30 last Friday, and the pair has retreated during Asian session to 90.550/55 support area, which is being tested ahead of the European session opening.

Initial support level lies at 90.50/55 (Oct 16 low), and below here, 90.15 and 89.70/90 congestion area. On the upside the Dollar might find resistance at 91.15, and above here, 91.35 (Oct 16, Sept 25 high), and then 91.55/65 (Sept 23 and 24 highs).

EUR/JPY rally from 129.60 low on October 7 has found resistance at 136.00/05 area, which did not break after two attempts on Friday, and the Euro has softened somewhat during Asian session to reach 134.73 low. At the moment, the Euro trades around 135.30. Support levels are 134.55/65 and 134.00. Resistance levels are 136.00/05 and 136.45.

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