USD/JPY: Yen trading higher in the Asian session

USD JPY

USDJPY Movement

For the 24 hours to 23:00 GMT, USD strengthened 0.50% against the JPY, on Friday, and closed at 76.68.

In the Asian session at 3:00GMT, the dollar is trading lower against yen from Friday’s close at 23:00 GMT, by 0.33%, at 76.43.

The first short term resistance is at 76.83, followed by 77.23. The pair is expected to find support at 76.09 and the subsequent support level at 75.75.

The currency pair is trading just below its 20 Hr and 50 Hr moving averages.

 

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