FXstreet.com (Buenos Aires) – USD/JPY Current Price: 92.70. Japanese yen continues printing lower lows, and remains strongly bearish as risk aversion grows fast. Having tested 92.50 support, break under that level would likely mean a retest of the strong 91.70 support area in the next hours.
“If the last one is cleared, expect the pair to take aims to approach to the 90.00 zone in the upcoming days,” said Valeria Bednarik, collaborator at FXstreet.com. To the upside only clearly above 93.60 pair can lost some of this strong bearish perspective.
Support levels: 92.50 92.10 91.70. Resistance levels: 93.00 93.30 93.60.
