FXstreet.com (Córdoba) - The Dollar rose further against the Yen reaching fresh intra-day high. USD/JPY peaked so far at 91.78 and currently trades at 91.72/76, near the highs and 0.10% above today's opening price. Weekly highs lie at 91.85, where the pair has a key resistance (Dec 22/23 highs), if it rises further Dollar could gain momentum; above the mention area the next resistance lies at 92.00 and 92.30 (Oct 27 high).
Valeria Bednarik, collaborator at FXstreet.com affirms: Pair remains holding above the the 91.30 area, and is back near to weekly highs, still generally bullish Acceleration above 91.85 should send the pair to test the 92.40 level as long as 91.30 holds the downside. Hourly indicators are clearly bullish, supporting further upside continuation ahead of this session.