FXstreet.com (Buenos Aires) - USD/JPY Current Price 98.73. Not much change from past update, the pair continues tending slightly bearish, consolidating just under the 99.00 level. Indicators also support a bearish continuation in the pair, even in bigger time frames.
Quoting under the 20 SMA, watch for the 98.45 level where we also have the 200 EMA: confirmations under that zone could send the pair back to retest the 97.80 area, said Valeria Bednarik, collaborator at FXstreet.com.
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