The pair is near the 92.96 pivot level. If it clears that area, it could send the pair to a new intraday low. The price is clearing the upper band of Bollinger, indicating a possible correction to the middle band, while the 14 days RSI is around the oversold area.On the 4H chart, the price is under the Ichimoku kumo, while the 50 days MA is over the Spot and the Bears are on negative ground, showing short entry signs. The ADX confirms the beginning of a weak trend. Below, the next support is at 92.57, while the next resistance above is at 92.97 yens per dollar.
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