FXstreet.com (Barcelona) - Dollar recovery from 97.67 low reached in late Asian session seems to have stalled at 98.40 resistance level, and the Dollar has eased somewhat to levels around 98.00; at the moment the USD/JPY fluctuates between exponential moving averages in the hourly chart.

Resistance levels, above 98.40, stand at the 98.85/95 area, and above here 99.68 high (Mar 5 high). Next potential support levels lie at 97.65 intra-day low, and below there 96.90 (25 Mar low) and 96.60 (19 mar high).

EUR/JPY decline from 133.88 high reached in Mar 27 has accelerated during the European session times reaching levels close to 130.75 (Mar 25 low).