FXstreet.com (Buenos Aires) - USD/JPY Current Price: 89.92. Pair remains unchanged thus holding the general bearish perspective mounted on Japanese Yen strength. Under 20 SMA both in 1 and 4 hours charts, indicators still point to the downside, yet we need to see a clear acceleration under 88.80 to confirm further falls.
The upside remains limited by 90.30 strong resistance area, said Valeria Bednarik, collaborator at FXstreet.com.
Support levels: 89.60 89.20 88.80. Resistance levels: 90.00 90.30 90.70.