USDJPY Movement
For the 24 hours to 23:00 GMT, USD strengthened 0.66% against the JPY and closed at 82.35.
In the US, service sector activity increased to 59.7 in February, compared to 59.4 in January.
In the Asian session at 4:00GMT, the pair is trading lower from the New York close, by 0.05%, at 82.31.
The first short term resistance is at 82.66, followed by 83.01. The pair is expected to find support at 81.83 and the subsequent support level at 81.35.
The currency pair is trading just above its 20 Hr moving average and well above its 50 Hr moving average.
