USDJPY Movement
For the 24 hours to 23:00 GMT, the USD declined 0.31% against the JPY and closed at 110.89.
In the Asian session, at GMT0300, the pair is trading at 110.78, with the USD trading 0.10% lower against the JPY from yesterday’s close.
The pair is expected to find support at 110.52, and a fall through could take it to the next support level of 110.27. The pair is expected to find its first resistance at 111.18, and a rise through could take it to the next resistance level of 111.59.
The currency pair is trading below its 20 Hr and 50 Hr moving averages.
