USDJPY Movement
For the 24 hours to 23:00 GMT, USD strengthened 0.11% against the JPY and closed at 79.92.
In the Asian session, at GMT0300, the pair is trading at 79.97, with the USD trading 0.06% higher from yesterday’s close.
The pair is expected to find support at 79.73, and a fall through could take it to the next support level of 79.48. The pair is expected to find its first resistance at 80.16, and a rise through could take it to the next resistance level of 80.34.
The currency pair is trading above its 20 Hr and 50 Hr moving averages.
