FXstreet.com (Buenos Aires) - USD/JPY Current Price: 89.38. Also ranging, pair is slightly bullish at this point, supported by Nikkei 225 positive opening, still with no clear definitions in the hourly chart, as pair behavior remains quite choppy. Slightly bullish, yet far from confirming such movements, pair needs to overcome the 89.70 resistance level to move further up, with 90.10 as next resistance level to consider.
Rebound from there will put the pair back under pressure, as only a clear daily close above 90.80 is needed to confirm further rises. said Valeria Bednarik, collaborator at FXstreet.com.
Support levels: 89.05 88.80 88.20. Resistance levels: 89.40 89.70 90.00.