USD/JPY A sharp fall mid day yesterday tested the 93.25 support level, with the rate bouncing since.

This has resulted in the short-term bias being down, with a test of the 92.75 level likely. A rise above 93.90 would negate that and indicate a rise to test 94.40-94.50.

Forex Analysis by Dr. Sivaraman at ForexPros. com. For more details about Forex Trading and Tips for decent earnings through Forex Trading, Please check Forexpros. com