USDJPY Movement
For the 24 hours to 23:00 GMT, the USD rose 0.29% against the JPY and closed at 110.95.
In the Asian session, at GMT0300, the pair is trading at 110.89, with the USD trading 0.05% lower against the JPY from yesterday’s close.
The pair is expected to find support at 110.59, and a fall through could take it to the next support level of 110.30. The pair is expected to find its first resistance at 111.15, and a rise through could take it to the next resistance level of 111.42.
The currency pair is showing convergence with its 20 Hr and 50 Hr moving averages.
