FXstreet.com (Buenos Aires) - USD/JPY Current Price: 95.37. After testing 95.00 level, pair is slowly regaining the upside, thus no clear signals of continuation yet. Above 95.60, pair could attempt a retest of the 96.00 strong level, while failure to hold above 95.00 will accelerate the fall, and address to the 94.00 zone.
Bigger time frames also suggest the pair has bottomed and is ready for an upside correction, said Valeria Bednarik, collaborator at FXstreet.com.
Support levels: 95.00 94.45 94.00. Resistance levels: 95.60 96.00 96.30.