FXstreet.com (Barcelona) - After rising around 80 pips during the American session from 89.75, the USD/JPY has hit a highest level since Nov 6 at 90.75. Currently the pair is trading around 90.40/50, 0.65% above today's opening price action at 89.85.

The ecPulse.com analysis team comments: The dollar is also climbing past the yen heading towards the resistance of 90.49 while trading above the support of 90.10 at 90.34. The pair recorded a high of 90.42 and a low of 89.63 while the momentum indicators are showing that the pair is being traded in an overbought area.