FXstreet.com (Barcelona) - The Yen has remained trading in a range from 88.55/65 to 89.00. The pair rose from 88.55 low on Monday to peak at 89.19 and pull down to 88.65 low, testing the lower boundary of the range ahead of the European session opening.

Initial support level lies at 88.55 (Nov 23 low), and below here, 88.35 (Oct 9 low) and 88.00/23 (Oct 7/Sept 23 lows). On the upside, resistance levels 89.15/20 (Nov 20/23 highs), and above here, 89.45/55 (Nov 17/19 highs) and 89.75 (Nov 16 high).

EUR/JPY recovery from 131.85 low on Monday was capped at 133.60, and the Euro turned down, giving away gins to reach levels right above 132.00 at the moment of writing. Support levels lie at 131.75/85 and 131.00. Resistance levels are 133.30/40 and 133.60/70.