USD/JPY: Japanese Yen trading lower in the Asian session

 

USD JPY

USDJPY Movement

For the 24 hours to 23:00 GMT, the USD weakened 0.67% against the JPY and closed at 92.16.

In the Asian session, at GMT0400, the pair is trading at 92.38, with the USD trading 0.24% higher from yesterday’s close.

The pair is expected to find support at 91.84, and a fall through could take it to the next support level of 91.29. The pair is expected to find its first resistance at 93.07, and a rise through could take it to the next resistance level of 93.75.

The currency pair is trading below its 20 Hr and 50 Hr moving averages.

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