USDJPY Movement
For the 24 hours to 23:00 GMT, the USD rose 0.19% against the JPY and closed at 105.42.
In the Asian session, at GMT0300, the pair is trading at 105.51, with the USD trading 0.09% higher against the JPY from Friday’s close.
The pair is expected to find support at 104.65, and a fall through could take it to the next support level of 103.80. The pair is expected to find its first resistance at 106.33, and a rise through could take it to the next resistance level of 107.16.
The currency pair is showing convergence with its 20 Hr and 50 Hr moving averages.
