FXstreet.com (Buenos Aires) - USD/JPY Current Price: 92.99. Pair bias remains bearish, as lower lows are accomplished day after day. Now fighting to regain 93.00, 4 hours charts show pair is moving in a consolidation figure ahead of further falls a small flag; break under 92.80 could accelerate the fall, and send the pair under yesterday's low of 92.50 to approach to 92.00 area.
Clearly above 93.30 pair could regain some ground, mostly favored by sentiment yet expect to be capped under 94.00, said Valeria Bednarik, collaborator at FXstreet.com.
Support levels: 92.80 92.50 92.10. Resistance levels: 93.30 93.60 94.10.