The Dollar-Yen moved in a very tight range between 90.17 & 90.60 without being able to break the most important resistance 90.78. Boredom is still the headline, awaiting a potential break of 90.78, or starting to drift away from it. Last week, we adjusted the lines that frame the current area, to make the upper limit at Monday's & Thursday's top 90.78, which is very close to last Wednesday's top 90.80, and close to Friday's top 90.70.

And today we will adjust the lower limit for this area, by re-drawing the rising trend line from 89.61 to contain the recent price behaviour. The above mentioned line is at 89.99. In case we break the magnetic resistance 90.78 we will see the Dollar take control, and drive this pair higher, as we see it targeting the important 91.60 first, then 92.31 which is important as well. But in case we break the new trend line at 89.99, the expected drifting away from
90.78 will start, and we will be heading to 89.37 & 88.53.

Support:
* 89.99: the rising trend line from 89.61 on the hourly chart, after adjustment.
* 89.37: Mar 2nd low
* 88.53: Feb 4th low.

Resistance:
* 90.78: Monday's high.
* 91.60: Oct 29th high.
* 92.31: Oct 27th high.