USDJPY Movement
For the 24 hours to 23:00 GMT, the USD rose 0.38% against the JPY and closed at 110.85 on Friday.
In the Asian session, at GMT0300, the pair is trading at 111.21, with the USD trading 0.32% higher against the USD from Friday’s close.
The pair is expected to find support at 110.42, and a fall through could take it to the next support level of 109.64. The pair is expected to find its first resistance at 111.66, and a rise through could take it to the next resistance level of 112.12.
The currency pair is trading above its 20 Hr and 50 Hr moving averages.
