USDJPY Movement
For the 24 hours to 23:00 GMT, the USD declined 0.27% against the JPY and closed at 109.07 on Friday.
In the Asian session, at GMT0300, the pair is trading at 110.08, with the USD trading 0.93% higher against the JPY from Friday’s close.
The pair is expected to find support at 109.15, and a fall through could take it to the next support level of 108.23. The pair is expected to find its first resistance at 110.70, and a rise through could take it to the next resistance level of 111.33.
The currency pair is trading above its 20 Hr and 50 Hr moving averages.
