FXstreet.com (Buenos Aires) - USD/JPY Current Price: 89.84. Japanese yen continues losing ground, approaching to key 90.00 area; hourly indicators however, lost upside momentum, suggesting no much upside strength in the pair.
Above 90.10 area, pair could extend the upside rally to next strong level 90.35/45 area, that if broken could confirm more upside bias for this week, still not seen. Pair should remain above 89.20 support to hold the bias, said Valeria Bednarik, collaborator at FXstreet.com.
Support levels: 89.60 89.20 88.80. Resistance levels: 90.10 90.40 90.80.