USDJPY Movement
For the 24 hours to 23:00 GMT, USD weakened 0.20% against the JPY, on Friday, and closed at 81.52.
In the Asian session, at GMT0300, the pair is trading at 81.28, with the USD trading 0.28% lower from Friday’s close.
The pair is expected to find support at 81.10, and a fall through could take it to the next support level of 80.92. The pair is expected to find its first resistance at 81.62, and a rise through could take it to the next resistance level of 81.96.
The pair is expected to trade on the cues from the release Leading Economic Index and Coincident Index in Japan.
The currency pair is trading below its 20 Hr and 50 Hr moving averages.
