FXstreet.com (Barcelona) - The Dollar has risen 20 pips in the last hour against the Yen from 92.10 to break previous high at 92.25 and to hit fresh highest level since August 21 at 92.34. Currently the pair is trading around 92.25/35, 0.30% above today's opening price action at 92.00.

The ecPulse.com analyst team comments: The dollar versus the yen continued gradually ascending to near the main resistance level that currently declined towards 92.45. Momentum indicators show overbought signs that make us expect a bearish intraday move that has started to build its base on 92.45 and initially targets 91.55; taking into consideration that the breach of 92.45 opens that way to continue trading within the ascending channel towards 93.35.