FXstreet.com (CÃ³rdoba) - The rise in the markets brought pressures to the yen and lost part of yesterdays gain. USD/JPY broke resistance zone at 98.70 and went to 98.90 (intra-day high) at the final hours of the American session. The pair has moved in an up trend during the day. For the day USD/JPY has risen more than 100 pips (0.70%).
Against the rest of the currencies the yen also fell, correcting Monday's moves. Considering the opening of the markets on Sunday, the yen is still gaining in weekly charts.
EUR/USD holds between 1.30 y 1.29
Dollar suffers from profit-taking and fall against pound and euro. EUR/USD reach 1.2992 but couldn't hold and fell to the support zone at 1.2920. Now is trading at 1.2940 with resistance near at 1.2950.
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