Forex: USD/JPY finds support at 79.70

<!--TITOL:

Forex: USD/JPY finds support at 79.70

FITITOL--> FXstreet.com (San Francisco) - The Dollar's decline against the yen seems to have found support at 79.70 after falling around 20 pips from 79.90. Currently the pair is pricing at 79.80, 0.13% below opening price action.

According to FXstreet.com technical studies, the pair is "Strongly Bearish" and "Overbought." In terms of technical levels, "supports are noted at 79.64/35 and then at 79.00," says Talking-Forex.com. "On the other hand, resistance levels are seen at 80.08/40 and 80.55."