FXstreet.com (Buenos Aires) - USD/JPY Current Price: 88.88. Still flat in a tight range around 89.00 area, pair has no clear cues for next hours coming from 4 hours charts, while hourly indicators had turned bearish while price keeps moving under flat 20 SMA.
Pair needs to clear the 89.70 area to the upside to attempt further rises, while under 88.60 downside acceleration could send it close to the 88.20 level, said Valeria Bednarik, collaborator at FXstreet.com.
Support levels: 88.80 88.60 88.20. Resistance levels: 89.10 89.40 89.70.