FXstreet.com (Buenos Aires) - USD/JPY Current Price: 94.58. Pair holds the bullish bias from past Friday, thus strong 95.00 area should keep the upside capped. Break above that level should trigger stops to produce acceleration.
Bigger time frames remain strongly bullish after the pair broke a descendant channel past Friday, with indicators suggesting strong chances of continuation, said Valeria Bednarik, collaborator at FXstreet.com.
Support levels: 94.35 94.00 93.70. Resistance levels: 94.75 95.10 95.50.