USD JPY visits the critical resistance 21/01/2013

90.40 level remains acting as a solid resistance against the pair attempts to move higher, this is forcing the price to bounce lower now, while we still waiting a confirmation for the upcoming intraday and short term trend, which we will get it by monitoring the price behavior according to 89.00 support and 90.40 resistance.

Note that breaking 89.00 will open the way for retesting 87.50, while breaching 90.40 will provide strong positive signals that support more bullish trend moves on the short and medium trend. 

Expected trading range for today is between: 88.50 support and 90.40 resistance.

Expected trend for today: Neutral