FXstreet.com (Buenos Aires) - USD/JPY Current Price: 90.37. After Wall Street recovery, pair rose to settle between 90.30/90.70 area; 20 SMA acts as dynamic support in the pair, currently around 91.10, guiding some further recovery if the pair breaks above yesterday's high.
Bigger time frames had lost some upside momentum and indicators turned to flat suggesting to real strength. However, currency remains strongly attached to market sentiment, so expect further rises if risk appetite resurges, said Valeria Bednarik, collaborator at FXstreet.com.
Support levels: 90.10 89.70 89.30. Resistance levels: 90.70 91.10 91.40.