FXstreet.com (Buenos Aires) - USD/JPY Current Price: 92.42. Pair continues well supported above the 92.00 area, despite general thin trading conditions. With Japan market closed, expect the pair to remain in range, thus holding the bullish bias; above 92.80, pair will likely extend the rally to the 93.10 area, before reaching 93.40 zone.
20 SMA remains bullish and under current price, while indicators are mute. Bigger time frames are also flat, giving no clear cues for next hours, said Valeria Bednarik, collaborator at FXstreet.com.
Support levels: 92.10 91.85 91.40. Resistance levels: 92.80 93.10 93.40.