FXstreet.com (Buenos Aires) - USD/JPY Current Price: 89.52. Consolidating in range, longer term bias remains bearish in the pair supported by failure to regain the 90.00 level seen early Monday. Confirmations under 89.40 area could accelerate the fall in the next hours, while above mentioned 90.00.
Next strong resistance comes at the very close 90.35 area; only a daily close above that level, not seen at this point, could change midterm bias for the pair, said Valeria Bednarik, collaborator at FXstreet.com.
Support levels: 89.40 89.10 88.70. Resistance levels: 90.00 90.35 90.75.