USDJPY Movement
For the 24 hours to 23:00 GMT, the USD declined 0.18% against the JPY and closed at 104.13.
In the Asian session, at GMT0300, the pair is trading at 104.26, with the USD trading 0.12% higher from yesterday’s close.
The pair is expected to find support at 103.88, and a fall through could take it to the next support level of 103.51. The pair is expected to find its first resistance at 104.75, and a rise through could take it to the next resistance level of 105.25.
The currency pair is trading between its 20 Hr and 50 Hr moving averages.
