FXstreet.com (Buenos Aires) - Despite the strong fall in stocks, USD/JPY holds above the 92.00 area, close to daily high of 92.27. Japanese yen continues losing strength, depreciating across the board for three weeks now.

Key resistance level continues to be the 92.30/50 area; daily close above that level, could trigger further upside movements in the pair, as daily charts support the bullish bias, with a midterm target above 94.00 area. Supports from current zone lie at 91.80, followed by 91.50 zone and finally 91.20, not seen in the short term.

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