The first push this morning got to 90.99 and the pullback got to 90.60 but it looks as though the upward pressure is reemerging. I believe the market is still quite short USD/JPY and that we could see moves towards 95/96 if this short covering continues. If Japanese authorities really want to get USD/JPY higher, now is the time to be talking it up, when the market is short and uncertain. It’s no good trying to hold it up with words when market sentiment is bearish and it’s falling like a stone.