USDJPY Movement
For the 24 hours to 23:00 GMT, the USD weakened 1.99% against the JPY and closed at 92.36.
In the Asian session, at GMT0400, the pair is trading at 92.07, with the USD trading 0.32% lower from yesterday’s close.
The pair is expected to find support at 90.51, and a fall through could take it to the next support level of 88.95. The pair is expected to find its first resistance at 93.97, and a rise through could take it to the next resistance level of 95.88.
The currency pair is trading below its 20 Hr and 50 Hr moving averages.
