USD/JPY: Japanese Yen trading marginally higher this morning

USD JPY

USDJPY Movement

 

For the 24 hours to 23:00 GMT, USD weakened 0.21% against the JPY, on Friday, and closed at 76.99.

In the Asian session, at GMT0400, the pair is trading at 76.96, with the USD trading 0.04% lower from Friday’s close.

The pair is expected to find support at 76.72, and a fall through could take it to the next support level of 76.49. The pair is expected to find its first resistance at 77.26, and a rise through could take it to the next resistance level of 77.57.

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

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