USDJPY Movement
For the 24 hours to 23:00 GMT, USD strengthened 0.05% against the JPY, on Friday, and closed at 80.48.
In the Asian session at 3:00GMT, the pair is trading higher from Friday’s close at 23:00 GMT, by 0.29%, at 80.71.
The first short term resistance is at 81.02, followed by 81.33. The pair is expected to find support at 80.27 and the subsequent support level at 79.83.
Trading trends in the pair today are expected to be determined by data release on retail trade in Japan.
The currency pair is trading well above its 20 Hr and its 50 Hr moving averages.
