USDJPY Movement
For the 24 hours to 23:00 GMT, the USD slightly declined against the JPY and closed at 112.46 on Friday.
In the Asian session, at GMT0300, the pair is trading at 112.75, with the USD trading 0.26% higher against the JPY from Friday’s close.
The pair is expected to find support at 112.24, and a fall through could take it to the next support level of 111.72. The pair is expected to find its first resistance at 113.09, and a rise through could take it to the next resistance level of 113.42.
The currency pair is trading above its 20 Hr and 50 Hr moving averages.
