FXstreet.com (Córdoba) - The Dollar is extending its gains against the Yen. During the American session USD/JPY rose above 91.00 for the first time since November 4. The pair peaked at 91.20 reaching the highest price in 6 weeks. Currently trades near the highs of the day at 91.16/20, 0.94% above today's opening price. Since last Monday the pair has accumulated an increase of 250 pips.
The ecPulse.com analysis team comments: The dollar-yen pair, it is actually inclining slightly on the four-hour chart and narrow trading on the one-hour scale, having so far the low-yielding Japanese yen trading around 91.16 recording a high of 91.19 and a low of 90.22 with a resistance at 91.69 and a support witnessed at 89.64