USDJPY Movement
For the 24 hours to 23:00 GMT, the USD rose 0.26% against the JPY and closed at 101.29.
In the Asian session, at GMT0300, the pair is trading at 101.04, with the USD trading 0.25% lower against the JPY from yesterday’s close.
The pair is expected to find support at 100.65, and a fall through could take it to the next support level of 100.26. The pair is expected to find its first resistance at 101.5, and a rise through could take it to the next resistance level of 101.96.
The currency pair is showing convergence with its 20 Hr and 50 Hr moving averages.
