For the 24 hours to 23:00 GMT, the USD declined 0.15% against the JPY and closed at 109.74.
In the Asian session, at GMT0300, the pair is trading at 109.84, with the USD trading 0.09% higher against the JPY from yesterday’s close.
The pair is expected to find support at 109.54, and a fall through could take it to the next support level of 109.24. The pair is expected to find its first resistance at 110.07, and a rise through could take it to the next resistance level of 110.3.
The currency pair is trading above its 20 Hr and 50 Hr moving averages.