FXstreet.com (Buenos Aires) - USD/JPY Current Price: 91.65. Pair remains clearly bearish now consolidating under 92.00, and even more, quoting under previous strong support at 91.70, now turned into resistance level. Having reached 91.40 area, under that level, expect the bearish momentum to accelerate and send the pair close to the 90.00 level.
92.00 remains first resistance level to watch followed by 92.35/50 area, further rises seem unlikely at this point, said Valeria Bednarik, collaborator at FXstreet.com.
Support levels: 91.40 91.00 90.50. Resistance levels: 91.70 92.00 92.35.