USDJPY Movement
For the 24 hours to 23:00 GMT, the USD strengthened 0.65% against the JPY and closed at 109.96.
In the Asian session, at GMT0300, the pair is trading at 110.1, with the USD trading 0.13% higher from yesterday’s close.
The pair is expected to find support at 109.43, and a fall through could take it to the next support level of 108.77. The pair is expected to find its first resistance at 110.47, and a rise through could take it to the next resistance level of 110.85.
The currency pair is trading above its 20 Hr and 50 Hr moving averages.
