USDJPY Movement
For the 24 hours to 23:00 GMT, the USD traded marginally higher against the JPY and closed at 120.39.
In the Asian session, at GMT0300, the pair is trading at 120.23, with the USD trading 0.13% lower from yesterday’s close.
The pair is expected to find support at 119.59, and a fall through could take it to the next support level of 118.94. The pair is expected to find its first resistance at 120.69, and a rise through could take it to the next resistance level of 121.14.
The currency pair is trading above its 20 Hr and 50 Hr moving averages.
