USDJPY Movement
For the 24 hours to 23:00 GMT, USD strengthened slightly against the JPY and closed at 76.95.
In the Asian session, at GMT0400, the pair is trading at 77.02, with the USD trading 0.09% higher from yesterday’s close.
The pair is expected to find support at 76.86, and a fall through could take it to the next support level of 76.70. The pair is expected to find its first resistance at 77.16, and a rise through could take it to the next resistance level of 77.30.
The currency pair is trading just above its 20 Hr and 50 Hr moving averages.
