FXstreet.com (Barcelona) - The USD/JPY has broken resistance at 98.00 after Obama announced a plan for a new Bailout plan to reactivate banking system. The pair has reached a maximum of 98.20 before dropping back some pips above 98.00.

If the Dollar remains above 98.00 it could attempt to test resistance at 99.0 and above there, 99.57 before reaching 100.00 psychological level. Rejection from 98.00 could trigger a correction move towards 97.35 first and below there 96.45.