FXstreet.com (Buenos Aires) - USD/JPY Current Price: 89.80. Pair lost momentum after Japan Prime Minister Fujii state during last G7 meeting, government likely to intervene in forex markets if yen remains one direction biased.
Hourly indicators had a bullish perspective for next hours, thus pair needs to confirm above 90.35/45 resistance area to confirm further rises, said Valeria Bednarik, collaborator at FXstreet.com.
Support levels: 89.50 89.20 88.70. Resistance levels: 90.00 90.35 90.75.