USDJPY Movement
For the 24 hours to 23:00 GMT, the USD declined 0.09% against the JPY and closed at 111.21.
In the Asian session, at GMT0400, the pair is trading at 111.51, with the USD trading 0.27% higher against the JPY from yesterday’s close.
The pair is expected to find support at 111.14, and a fall through could take it to the next support level of 110.76. The pair is expected to find its first resistance at 111.76, and a rise through could take it to the next resistance level of 112.
The currency pair is trading above its 20 Hr and 50 Hr moving averages.
