FXstreet.com (Buenos Aires) - USD/JPY Current Price: 92.93. Still hovering around 93.00, pair completed a pullback to the broken daily descendant trend line, yet failed to regain the 93.40 level. Still ranging, hourly charts suggest no clear bias for next hours, while bigger time frames turned slightly bearish at current levels.
Expect the pair to remain between 92.50/93.40 range, said Valeria Bednarik, collaborator at FXstreet.com.
Support levels: 92.80 92.50 92.20. Resistance levels: 93.40 93.70 94.10.