USDJPY Movement
For the 24 hours to 23:00 GMT, the USD rose 1.26% against the JPY and closed at 110.2.
In the Asian session, at GMT0400, the pair is trading at 110.53, with the USD trading 0.3% higher against the JPY from yesterday’s close.
The pair is expected to find support at 109.24, and a fall through could take it to the next support level of 107.96. The pair is expected to find its first resistance at 111.29, and a rise through could take it to the next resistance level of 112.06.
The currency pair is trading above its 20 Hr and 50 Hr moving averages.
