FXstreet.com (Barcelona) - USD/JPY recovery from 84.80 low on Friday has extended on Thursday above 88.00 to reach a one week high at 88.50, and the pair has remained consolidating during Monday's Asian session in a range from 88.00 to 88.45.

At the moment, the Dollar trades around 88.10, with next support levels at 87.55/65 (Dec 1 high) and below here, 87.00/20 and 86.50/60 (Dec 2 low). Resistance levels lie at 88.45 (Dec 3 high), and above here, 88.60/75 and 89.20 (Nov 2 low).

EUR/JPY rally from 128.95 low on Monday was capped at 133.55 on Thursday, right below Nov 23 high at 133.60, and the pair eased during U.S. session to 132.48 to pick up during Asian Trade, reaching 133.00 at the moment of writing.

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