FXstreet.com (Buenos Aires) - USD/JPY Current Price: 90.91. Capped under 91.00 pair looks slightly bullish in the hourly, holding above the 20 SMA that acts as dynamic support zone. 4 hours charts had a strong upside momentum thus, confirmations above 91.35/40 area must be seen to see the pair extend the upside movement.
Daily close above next resistance, of 91.70 area could suggest pair had bottomed and will start a longer upside correction, said Valeria Bednarik, collaborator at FXstreet.com.
Support levels: 90.60 90.20 89.80. Resistance levels: 91.10 91.40 91.70.