FXstreet.com (Barcelona) - USD/JPY was rejected at the 98.90 resistance level in early Asian session, and has declined more than 100 pips to 97.80. At the moment of writing, the USD/JPY is setting an attempt to bounce from the mentioned level.

According to the Mataf.net technical team, the pair is prone to further southbound travel: 97,85. USD JPY broke 98,20 support. The volatility rises. Bollinger bands are deviated. 1H ForexSto (Modified Stochastic) indicate a bearish pressure on USD JPY. The downtrend should continue on 97,30 support (55 pips).

EUR/JPY has declined from top level at 133.90 in early Asian session reaching as low as 132.60