FXstreet.com (Barcelona) - The USD/JPY has continued rallying during Thursday's Asia trading time, reaching a maximum level of 93.95; up from around 92.10 at the session opening. USD/JPY has been going through a strongly bullish trend since having hit 89.80 in Feb 12.

At the moment the U/JPY remains between support line at 93.25/35 and resistance at 94.15 (Jan 7 high), if current resistance level gives, USD could jump as high as 94.65, (Jan 6 high). On the downside, below 93.35, USD/JPY could fall towards 92.75, and below here next support line would be at 92.15/20.