USDJPY Movement
For the 24 hours to 23:00 GMT, the USD strengthened 0.97% against the JPY and closed at 98.13.
In the Asian session, at GMT0300, the pair is trading at 98.00, with the USD trading 0.14% lower from yesterday’s close.
The pair is expected to find support at 97.35, and a fall through could take it to the next support level of 96.70. The pair is expected to find its first resistance at 98.51, and a rise through could take it to the next resistance level of 99.01.
The currency pair is trading between its 20 Hr and 50 Hr moving averages.
