FXstreet.com (Buenos Aires) - USD/JPY Current Price: 89.76. Pair remains unchanged holding between 89.60/90.00, still looking bearish both in 1 and 4 hours charts. 20 SMA however, despite losing strength remains above current price in the hourly chart, capping the upside.
Pair needs to clearly gain above 90.30 area to change intraday bias, while again breach under 89.20 will signal further falls to come. said Valeria Bednarik, collaborator at FXstreet.com.
Support levels: 89.60 89.20 88.80. Resistance levels: 90.00 90.30 90.70.