USDJPY

This currency pair continues today and reaches as high as 92.26 so far. The break of the near term resistance indicates that the pair is possibly accelerating. Intraday bias remains on the upside and current rise should target 94.98 level next. On the downside, below 91.40 minor support will turn bias neutral and bring consolidations but break of 88.05 support is needed to signal topping. but stays bullish.decline from 124.13 should have already completed at 75.56. Stronger medium term rally could be seen back towards back towards 101.22 support turned resistance level. bullishness as long as 84.17 resistance turned support holds.