The Yen strengthened versus the Dollar after Japan's stocks fell for the first time in three days, led by banks amid political uncertainty, led the investors to buy the yen as a safety asset. The main resistance of the USD/JPY is 89.20 level. As long it's trading below this level a short position is preferred, if it breaks this level the trend will be upwards. Overall, USD/JPY traded with a low of 88.39 and with a high of 89.15.

USD/JPY-Last: 88.64

Resistance

89.15

 
 

Support

88.35

88.00

87.40

width=480