USDJPY Movement
For the 24 hours to 23:00 GMT, the USD declined 0.06% against the JPY and closed at 112.57.
In the Asian session, at GMT0400, the pair is trading at 112.63, with the USD trading 0.05% higher from yesterday’s close.
The pair is expected to find support at 112.38, and a fall through could take it to the next support level of 112.13. The pair is expected to find its first resistance at 112.81, and a rise through could take it to the next resistance level of 112.99.
The currency pair is trading above its 20 Hr and 50 Hr moving averages.
