USDJPY Movement
For the 24 hours to 23:00 GMT, USD weakened 0.25% against the JPY and closed at 77.85.
In the Asian session, at GMT0400, the pair is trading at 77.80, with the USD trading 0.07% lower from yesterday’s close.
The pair is expected to find support at 77.63, and a fall through could take it to the next support level of 77.47. The pair is expected to find its first resistance at 78.02, and a rise through could take it to the next resistance level of 78.23.
The currency pair is trading just below its 20 Hr and 50 Hr moving averages.
