The Dollar weakened versus the Yen ask risk aversion tends to favor Yen over Dollar, and technically pair has room to continue. Bank of Japan policy makers are prepared to consider expanding an emergency loan program for banks and increasing purchases of government debt. If the 89.80 level will break, an acceleration of the downtrend can be seen. Overall, USD/JPY traded with a low of 89.77 and a high of 90.55. No economic data expected today.

USD/JPY-Last: 90.00

Resistance

90.60

91.20

91.85

Support

89.80

89.45

89.05

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