FXstreet.com (Barcelona) - USD/JPY has broken above 98.50 resistance level reaching a new intra-day high at 98.98. At the moment USD/JPY seems to have found resistance at the 98.95 area (Mar 10 high).
Above the current levels, the USD could find resistance at 99.25 (Mar 9 high) and above there, 99.67 (Mar 5 high). once above there, the pair would be at 4-month high heading towards 100,50 Nov 4 high and 101.80.
Support levels lie at 98.60, and below there 97.90, then 97.14 (Mar 13 low), and below here 96.54 (Mar 6 low) and 95.67 (Mar 12 low).