USDJPY Movement
For the 24 hours to 23:00 GMT, the USD rose 1.12% against the JPY and closed at 109.11.
In the Asian session, at GMT0400, the pair is trading at 109.20, with the USD trading 0.08% higher against the JPY from yesterday’s close.
The pair is expected to find support at 108.49, and a fall through could take it to the next support level of 107.77. The pair is expected to find its first resistance at 109.59, and a rise through could take it to the next resistance level of 109.97.
The currency pair is trading above its 20 Hr and 50 Hr moving averages.
