USDJPY Movement
For the 24 hours to 23:00 GMT, the USD declined 0.26% against the JPY and closed at 110.86 on Friday.
In the Asian session, at GMT0300, the pair is trading at 110.14, with the USD trading 0.65% lower against the JPY from Friday’s close.
The pair is expected to find support at 109.80, and a fall through could take it to the next support level of 109.46. The pair is expected to find its first resistance at 110.81, and a rise through could take it to the next resistance level of 111.48.
The currency pair is trading below its 20 Hr and 50 Hr moving averages.
