USDJPY Movement
For the 24 hours to 23:00 GMT on Friday, USD weakened 0.24% against the JPY and closed at 83.39.
On the economic front, the Leading Index in Japan was revised down to a reading of 94.4 in January, following an initial estimate of 94.9.
In the Asian session, at GMT0400, the pair is trading at 83.43, with the USD trading 0.05% higher from Friday’s close.
The pair is expected to find support at 83.09, and a fall through could take it to the next support level of 82.76. The pair is expected to find its first resistance at 83.85, and a rise through could take it to the next resistance level of 84.28.
The currency pair is trading just below its 20 Hr and 50 Hr moving averages.
