FXstreet.com (Buenos Aires) - USD/JPY Current Price: 90.86. Back bearish after strong retreat form 91.70 key resistance level, pair remains under 91.00 and with a bearish outlook in the hourly chart; capped by 20 SMA and with indicators pointing for further losses, if the pair breaks under 90.55 support, expect a retest of the 90.20 zone; under this last, pair should accelerate the fall with a midterm target at 87.10, past January lows.
Only above 91.35 pair could change bias, said Valeria Bednarik, collaborator at FXstreet.com.
Support levels: 90.55 90.20 89.80. Resistance levels: 91.10 91.35 91.70.