USDJPY Movement
For the 24 hours to 23:00 GMT, the USD rose 0.12% against the JPY and closed at 111.88.
In the Asian session, at GMT0400, the pair is trading at 111.77, with the USD trading 0.10% lower against the JPY from yesterday’s close.
The pair is expected to find support at 111.62, and a fall through could take it to the next support level of 111.47. The pair is expected to find its first resistance at 112.03, and a rise through could take it to the next resistance level of 112.29.
The currency pair is trading below its 20 Hr and 50 Hr moving averages.
