FXstreet.com (Córdoba) - The Dollar continues to rise against the Yen on Thursday and during the American session posted a fresh 4-week high at 91.70. USD/JPY currently trades at 981.55/58, 0.60% above today's opening price. On the upside, resistance could be found at 91.80 (Sept 21 low) and above at 92.15. Support levels lie at 91.05 and below at 90.70/80 (intra-day low).
The ecPulse.com analysis team affirms: The green currency advanced against a basket of major currencies, slightly rebounding from the 14-month low on speculations that China will withdraw stimulus measures. Also, initial claims increased in the U.S. but the dollar was not affected much by the news.