FXstreet.com (Barcelona) - The Dollar has failed to holds levels above 91.00 against the Yen after capping at 91.20 its recovery from from 90.60. USD/JPY has decline to trade below 91.00, close to 90.70. Currently the pair is trading around 90.70/80, 0.50% below today's opening price action at 91.20.
Bit of care on this pair affirms Ian Coleman, Chief Technical Strategy at Turtle Index, We have held the weekly trend line well but MAYBE forming a wedge. We still have a downward bias