FXstreet.com (Cordoba) - the dollar was able to recover ground against the yen on Tuesday and rose again above the level of 100.00, but the upturn encountered resistance in the area of 100.35/40 American, confining to the USD/JPY to a phase of consolidation session.
USD/JPY has gone the last hours in the 99.95/100.35 range and is currently traded at 100.10, where recorded a gain of 0.6% on the day.
In terms of the technical levels, the immediate resistance could face at 100.40 (daily maximum) and 100.70 (maximum 3 June). On the other hand, the media could face at 99.30 (minimum day) and 98.85 (minimum 3 June).
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