USDJPY Movement
For the 24 hours to 23:00 GMT, the USD declined 0.24% against the JPY and closed at 113.10.
In the Asian session, at GMT0300, the pair is trading at 112.97, with the USD trading 0.11% lower against the JPY from yesterday’s close.
Overnight data indicated that Japan’s Nikkei services PMI rose to a level of 53.3 in June, compared to a level of 53.0 in the previous month.
The pair is expected to find support at 112.69, and a fall through could take it to the next support level of 112.40. The pair is expected to find its first resistance at 113.31, and a rise through could take it to the next resistance level of 113.64.
The currency pair is trading below its 20 Hr and 50 Hr moving averages.
