FXstreet.com (Barcelona) - The Greenback has finally broken the 90.20 resistance against the Yen in the early American session after rising 75 pips from intra-day low at 89.60 in the European morning. During the U.S. session, USD/JPY has been trading in a narrow range between 90.10 and 90.35 and currently pair is 0.70% above today's opening price action at 89.69 to the current 90.25.

Valeria Bednarik, FXstreet.com collaborator, comments: USD/JPY continues pushing higher, and could be signaling a midterm bottom at the 88.20 low reached past Monday, thus we need the pair to overcome 90.35 and better 90.70 resistance area to confirm the bias. Under 89.60, chances dilute and put yen strength back in place.

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