USDJPY Movement
For the 24 hours to 23:00 GMT, the USD rose 0.39% against the JPY and closed at 108.82 on Friday.
In the Asian session, at GMT0400, the pair is trading at 108.83, with the USD trading a tad higher against the JPY from Friday’s close.
The pair is expected to find support at 108.59, and a fall through could take it to the next support level of 108.34. The pair is expected to find its first resistance at 108.97, and a rise through could take it to the next resistance level of 109.10.
The currency pair is trading above its 20 Hr and 50 Hr moving averages.
