FXstreet.com (Buenos Aires) - USD/JPY Current Price: 94.15. Following Asian stocks, pair is slightly bullish at this point, thus general sentiment remains bearish in the pair. Consider actual movement mostly corrective after pair reached extreme oversold conditions when hitting 93.70 low.
Pair needs to regain first 94.45 and the 94.80 level to lost the strong bearish bias, said Valeria Bednarik, collaborator at FXstreet.com.
Support levels: 94.00 93.70 93.40. Resistance levels: 94.45 94.80 95.10.