Forex: USD/JPY picks up to re-test 91.85, 2-months high

By IBTimes Staff Reporter | December 23 2009 5:36 AM

FXstreet.com (Barcelona) - The Dollar continues pushing higher on a low volume European session and, after bouncing at 91.55 during Asian session, the Dollar has picked up to re-test 2-months high at 91.85, which so far, remains intact.

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In case of breaking above 91.85 (Dec 22 high/session high), next resistance levels come at 92.35 (Oct 27 high) and then 92.55 (Sept 21 high). On the downside, initial support level lies at 91.55 (session low), and below here, 91.25 and 91.00 (Dec 22 low).

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