USDJPY Movement
For the 24 hours to 23:00 GMT, the USD rose 0.28% against the JPY and closed at 107.72 on Friday.
In the Asian session, at GMT0300, the pair is trading at 107.97, with the USD trading 0.23% higher against the JPY from Friday’s close.
The pair is expected to find support at 107.62, and a fall through could take it to the next support level of 107.26. The pair is expected to find its first resistance at 108.20, and a rise through could take it to the next resistance level of 108.42.
The currency pair is trading above its 20 Hr and 50 Hr moving averages.
