FXstreet.com (Barcelona) - The Dollar has remained consolidating recent gains above 90.00 during Asian and European sessions, trading in a range from 90.25 to 90.60, after its recovery from 87.35 low on December 9 was capped at 90.90 last Friday.
At the moment, the pair trades art 90.40, with next resistance levels at 90.65 session high, and above here, 90.90 (Dec 3/18 high) and 91.02 (100 day SMA). On the downside, support levels lie at 90.10, and below here, 89.75 and 89.20.
According to the Swiss e Trade Strategy Team the pair could appreciate further today, targeting 90.80 resistance: Consolidating its gains in Asian and early European trading, the dollar is priced right now at 90.40 against the yen. Further upmoves are in the cards today, testing and possibly breaking the 90.80 resistance.