FXstreet.com (Barcelona) - USD/JPY is showing strength and rebound on 98.35 low ahead of the European session opening has reached levels close to 99.60 on the back of Central Banks and U.S. data.

On the upside, if the Yen consolidates above 99.60 resistance level, the pair could find resistance at 99.70/75 and 100.00. On the downside, support levels might lie at 99.20 (May 6 high) and below there, 99.00 and 98.20.

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