FXstreet.com (Barcelona) - Dollar rally from 91.25 low on Tuesday extended yesterday with a 170 pip rally, from 92.10 to 93.75, supported by new appointed Finance Minister Kan's words defending the convenience of a weaker Yen.
At 93.75 area, sellers took over and pushed the pair down to session low at 90.15. At the moment the Dollar trades at 90.30 with next resistance levels at 93.45, and above here, 9.75 (Jan 7 high) and 94.00. On the downside, suppport levels are 93.15 session low , and below here, 92.75 (Jan 6 high) and 92.10 (Jan 7 low).
EUR/JPY recovery from 131.25 low on Jan 5 extended on Thursday to a fresh 4-week high at 138.15 high, and the pair eased to 133.30 dring Asian session. At the moment, the ppair trades at 133.55, with next resistances at 133.80 and 134.15. Support levels lie at resistance levels at 133.20/30 and 132.80/90.