FXstreet.com (Buenos Aires) - USD/JPY Current Price: 90.91. Consolidating in range, pair has bottomed again at the daily 100SMA around 90.50, that has been acting as a downside barrier most of past week; slightly bullish in the hourly chart, pair is still under moving averages with a slightly bearish bias, so we need to the see the pair at least above 91.20, to see some upside strength in the pair.
4 hours charts are barely supportive of the bias, as pair has been mostly range bound past sessions, said Valeria Bednarik, collaborator at FXstreet.com.
Support levels: 90.50 90.30 90.00. Resistance levels: 91.20 91.55 91.90.