USDJPY Movement
For the 24 hours to 23:00 GMT, USD strengthened 0.39% against the JPY and closed at 79.32.
In the Asian session, at GMT0300, the pair is trading at 79.37, with the USD trading 0.06% higher from yesterday’s close.
The pair is expected to find support at 79.18, and a fall through could take it to the next support level of 78.98. The pair is expected to find its first resistance at 79.49, and a rise through could take it to the next resistance level of 79.60.
The currency pair is trading above its 20 Hr and 50 Hr moving averages.
