FX : USD/JPY: Dollar re-tests 90.20, 7-month low and picks up to 90.60
FXstreet.com (Barcelona) - The Dollar downtrend from August 5 high at 97.75, reached a fresh 7-month low at 90.20 on Friday, which has been re-tested during Asian session, the mentioned low has remained intact, and the Dollar reaches levels around 90.60 ahead of the European session opening.
On the upside, resistance levels lie at 90.75/00, and above here, 91.40/60 (Sept 9 and 10 lows) and above here 91.80/95 (Jul 8, Sept 3 lows). On the downside, support levels lie at 90.20 (Intra-day low/ Sept 11 low) and below here, 90.00 psychological level and 89.70 (Feb 11 low).
EUR/JPY decline from 134.40 high in September 9 and 10 has found support at 131.30 Asian session low, and the Euro trades, at the moment, at levels around 131.85 with next resistance levels at 132.30/45 and 132.80. On the downside, support levels lie at 131.30 session low and 131.00/15.
