FXstreet.com (Buenos Aires) - USD/JPY Current Price: 88.70. Pair view remains unchanged: bearish trend remains intact with pair likely to break immediate support around 88.60, ahead of past month low of 88.20.
If that level gives up, main target for the pair will be the 87.15 area, year lows; hourly indicators show no clear signals at this point, while 4 hours charts confirm the bias, said Valeria Bednarik, collaborator at FXstreet.com.
Support levels: 88.60 88.20 87.70. Resistance levels: 88.80 89.10 89.30.