The dollar versus yen pair continues gradually declining while trading remains below level 93.25; but due to the lack of downside momentum achieving the targets will need some time. Our previous expectations remain intact, where we still see the pair heading to the downside overintraday basis towards 91.00, while trading should continuing below 93.25 to maintain the bearish expectations for for today. We await the assurance from momentum indicators to support our downside expectations.
The trading range for today is among the key support at 90.95 and the key resistance at 95.30.
The general trend is to the upside as far as 102.60 remains intact with targets at 84.95 and 82.60.
Support 92.20 91.90 91.40 90.95 90.40 Resistance 93.25 93.80 94.05 94.45 95.05 Recommendation Based on the charts and explanations above our opinion is selling the pair from 93.25 To 91.45 and stop loss above 94.00, might be appropriate Swiss Franc (CHF)